Yes, Blackstone owns Centric Brands.
The Ownership Relationship
Centric Brands operates as a clothing maker and brand licensor, and it is indeed owned by Blackstone, a prominent private equity firm. This establishes a direct ownership link, with Blackstone holding a controlling interest in Centric Brands as part of its investment portfolio.
Centric Brands' Business and Portfolio
As a key entity in the apparel and accessories sector, Centric Brands is responsible for producing and managing a wide range of popular brands through licensing agreements. Its extensive portfolio includes well-recognized names in fashion and lifestyle, such as:
- Nautica
- Kate Spade
- Izod
Further expanding its market presence, Centric Brands recently undertook the management and production of Lionel Messi's casual clothing brand. This acquisition underscores Centric Brands' strategic growth initiatives and its role in the broader consumer goods landscape, supported by the strategic oversight and resources provided by its owner, Blackstone.