Kering completes sale of Volcom brand
03/04/2019
US brand management firm Authentic Brands has acquired the intellectual property rights of sportswear brand Volcom from luxury group Kering. The deal officially went through on April 1. Kering announced in early 2018 that it would sell the brand as part of its efforts to increase its focus on the luxury industry. It acquired Volcom in 2011 for...