GBMI Sells Its Stake in Pony

Leand, Judy
May 2006
SGB;May2006, Vol. 39 Issue 5, p11
Trade Publication
The article reports that Global Brand Marketing Inc. (GBMI) has sold its majority interest in Pony International LLC to Sharp Gain Profits Ltd. as of May 2006. GMBI Killick Datta explains that the sale of its interest in Pony will allow his company to focus its efforts on the fashion footwear arena. The company has signed an exclusive global licensing deal with the luxury denim brand 7 For All Mankind LLC for the creation of a complete collection of footwear.


Related Articles

  • As Merger Fever Begins to Heat Up, How Hot Can it Get? Carr, Kristen // FN: Footwear News;8/23/2004, Vol. 60 Issue 33, p1 

    Reports on the growth of merger activity in the U.S. footwear industry as of August 23, 2004. List of deals on both the retailer and vendor side, including the purchase of Vans by VF Corp.; Views of Killick Datta, chairman and CEO of Global Brand Marketing Inc., on consolidation in the...

  • GBMI Unveils Plans After Sale. Niemi, Wayne // FN: Footwear News;4/24/2006, Vol. 62 Issue 17, p2 

    The article reports on the plan of Global Brand Marketing Inc. (GBMI) with its 7 for All Mankind license, after selling its Pony brand, as of April 2006. GBMI Chairman and CE Killick Datta says that they have the two biggest names in denim, which are Diesel and 7, but that the 7 collection is...

  • ON DEADLINE. Sammon, Lindsay E. // FN: Footwear News;12/17/2007, Vol. 63 Issue 49, p2 

    The section presents news briefs on issues related to Global Brand Marketing Inc. (GBMI) and its financier Greystone Business Credit LLC in the U.S. A counterclaim was filed by Greystone Business Credit to Diesel's breach of contract lawsuit in the U.S. District Court for the southern district...

  • GBMI to Bow New Brand. Niemi, Wayne // FN: Footwear News;5/22/2006, Vol. 62 Issue 21, p8 

    The article focuses on the plan of Global Brand Marketing Inc. (GMBI) to launch its first in-house women's sandal line called Mehandi at the FFANY show in June 2006 in New York. The collection will debut at retail for the spring/summer 2007 season. GMBI chairman and CEO Killick Datta said the...

  • Datta: GBMI Getting Back on Track. Niemi, Wayne // FN: Footwear News;4/9/2007, Vol. 63 Issue 14, p4 

    This article presents a conversation with Killick Datta, chief executive officer (CEO) of Global Brand Marketing Inc. (GBMI). He said that the Diesel brand is in the midst of a revival, as the scope of the label has been expanded to include dress shoes and heels. He also said that the company's...

  • GBMI to Expand With Flip-Flop Buy. Niemi, Wayne // FN: Footwear News;1/31/2005, Vol. 61 Issue 5, p12 

    Reports on the acquisition of the Fun Flopps label by Global Brand Marketing Inc. Statement from Global Brand CEO Killick Datta on the sales potential of the flip-flop and the sandals categories in the footwear market; Information on the company's flip-flop lines; Background on the company.

  • Foot pain is his specialty. Allers, Kimberly L. // Fortune;12/22/2003, Vol. 148 Issue 13, p56 

    Reports on how Killick Datta, the CEO of Global Brand Marketing Inc.(GBMI), resurrected the Pony athletic shoe brand, which faltered after enjoying widespread popularity in the '70's and '80's. Details of growth at GBMI, a firm that has gained a reputation for bringing tired shoe brands back to...

  • FUTURE REMAINS CLOUDY FOR GBMI. Zmuda, Natalie // FN: Footwear News;11/19/2007, Vol. 63 Issue 45, p4 

    The article reports on the closure of Global Brand Marketing Inc. (GBMI). The company closed down after Killick Datta, chairman and chief executive officer (CEO) of GBMI, called a November 2, 2007 meeting at the company's Santa Barbara, California, headquarters to terminate all employees and...

  • Datta Looking for Comeback With CCILU. LEWIS, JACQUELYN // FN: Footwear News;Oct2013, Vol. 69 Issue 37, p8 

    The article reports on the move of Singapore-based label CCILU president Killick Datta to bring the label in the U.S. footwear market after establishing in Europe, Asia and the Middle East in 2013.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics