Acquisitions | 12/19/12

ABG Finalizes Acquisition of HMX Group Assets

NEW YORK, NEW YORK, December 19, 2012 – Authentic Brands Group, LLC (ABG) has officially announced, and finalized, its acquisition of the HMX Group, which includes the Hickey Freeman, Hart Schaffner Marx, Palm Beach, Exclusively Misook and Christopher Blue brands. The acquisition is subject to final approval by the United States Bankruptcy Court for the Southern District of New York at a hearing scheduled for December 19, and follows an active marketing process of the company since well before the commencement of the Chapter 11 proceedings. With the purchase, ABG continues its mission of owning and managing leading consumer brands and partnering with the most qualified operators in order to enhance brand positioning and maximize growth potential. HMXacquisition_12.19.12