of J. Percy for Marvin
Richards and the operating assets of Winlit Group, Ltd. As a result of
the Marvin Richards acquisition, we added licenses for men’s and
women’s outerwear under the Calvin Klein brand name. We also
acquired Marvin Richards own proprietary label. As a result of
acquiring Winlit’s assets, we added licenses for men’s
and women’s outerwear under the Guess? brand, leather outerwear
under the Tommy Hilfiger brand, as well as licenses for Ellen Tracy and
Pacific Trail outerwear. We also acquired Winlit’s own
proprietary labels. We added significant executive merchandising,
manufacturing and design expertise as a result of these
acquisitions.