Oxford Industries has sold the classics British brand Ben Sherman to New York-based Marquee Brands for $40.8M. The transaction remains consistent with Marquee Brand’s mission to acquire high quality brands which have global growth potential. Marquee Brands, owned by former Kenneth Cole boss Michael DeVirgilio, ex Joseph & Feiss, also recently acquired the Italian luxury shoe brand Bruno Magli. Let’s wait and see how they promote the brand with new products and expanded retail!
