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Tony Hawk Brand Owner in $330 Million Deal for Sequential’s Active Brands

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

One down, three to go. Bankrupt Sequential Brands is closing in on a $330 million deal to sell its active brands group, including the And1 and Avia footwear brands as well as Gaiam and SPRI, to Tony Hawk brand owner Galaxy Universal. Expected to close in mid-November, the transaction is still subject to bankruptcy court…

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