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Centric Brands shares tumble on Chapter 11 filing

2020-05-18 15:41:00| Daily apparel & textile news and comment - from just-style.com

Centric Brands Inc, which designs, sources and sells clothing under licensed brands including Calvin Klein, Tommy Hilfiger, Nautica and Under Armour, has filed for Chapter 11 bankruptcy protection as part of a restructuring agreement from which it expects to emerge as a private company.

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