Following on from reports of the closure of all of the operations of California-based footwear designer Global Brand Marketing Inc. (GBMI) in November, holding company Titan Global Holdings, Inc. has purchased the majority of all of the assets of the company including inventory, accounts receivable and intellectual property assets through its recently formed wholly-owned subsidiary Titan Apparel Inc, which include the  brands Dry-shod, No Mass, Mehandi and Funflopps as well as the global licence for brands such as Nautica, Sean John and 7ForAllMankind.

Share this story: