NexCen Brands
Encyclopedia
Global Franchise Group is a brand acquisition and management firm headquartered in Norcross, Georgia
, United States
. It specializes in the retail franchising
, consumer branded products, and quick service restaurant franchising industries. It was founded in 2010 with the acquisition of NexCen Brands' properties. It is owned by Levine Leichtman Capital Partners.
Global Franchise Group's brands operate over 1,120 franchised stores in over 40 countries.
NexCen Brands began its brand acquisition and management strategy in June 2006, when it acquired UCC Capital Corporation. UCC Capital was a provider of financing and strategic advisory service to companies with core assets in Intellectual Property, and its acquisition provided NexCen with a management team. UCC Capital also provided NexCen with significant contacts and networks.
Norcross, Georgia
As of 2010 Norcross had a population of 9,116. The racial and ethnic composition of the population was 40.8% white , 19.8% black or African American , 0.7% Native American, 2.1% Asian Indian, 10.7% Asian, 0.1% Pacific Islander, 21.5% from some other race and 4.3% reporting two or more races...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. It specializes in the retail franchising
Franchising
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....
, consumer branded products, and quick service restaurant franchising industries. It was founded in 2010 with the acquisition of NexCen Brands' properties. It is owned by Levine Leichtman Capital Partners.
Global Franchise Group's brands operate over 1,120 franchised stores in over 40 countries.
NexCen Brands began its brand acquisition and management strategy in June 2006, when it acquired UCC Capital Corporation. UCC Capital was a provider of financing and strategic advisory service to companies with core assets in Intellectual Property, and its acquisition provided NexCen with a management team. UCC Capital also provided NexCen with significant contacts and networks.
History
- November 2006: Acquired The Athlete's FootThe Athlete's FootThe Athlete's Foot is a franchisor of athletic footwear.In 1971, David Lando realized that athletic shoes were by far the highest selling product in his store. That year, he and his son, Michael Lando, opened the first Athlete's Foot store in Pittsburgh, Pennsylvania. It was the first athletic...
, a franchised athletic footwear and apparel retail brand. - February 2007: Acquired:
- Bill Blass LimitedBill Blass LimitedBill Blass Limited is a fashion house founded by American designer Bill Blass. It is known for its highly priced, beautifully cut womenswear, notable for its inventive combinations of patterns and textures...
, a classic American fashion brand. - MaggieMoo's
- Marble Slab CreameryMarble Slab CreameryMarble Slab Creamery is a chain of independently owned and operated franchised stores that specialize in serving ice cream and a variety of other desserts. It is a franchise brand in the portfolio of Global Franchise Group LLC...
- Bill Blass Limited
- May 2007: Acquired Waverly (founded in 1923), a fashion and lifestyle brand in the home category. Its brand family include Waverly, Waverly Home, Waverly Home Classics, Waverly Baby, and Waverly Sun N Shade.
- August 2007: Pretzel Time and PretzelmakerPretzelmakerPretzelmaker and Pretzel Time are chains of independently owned and operated franchised stores that specialize in hand-rolled pretzels, smoothies and cold beverages. It is a franchise brand in the portfolio of NexCen Brands Inc. Along with sister brand Pretzel Time, there are more than 325 U.S...
, two franchised brands in the hand rolled pretzel category, acquired from Mrs. FieldsMrs. FieldsMrs. Fields Famous Brands is a franchisor in the snack food industry, with Mrs. Fields and TCBY as its core brands. Through its franchisees’ retail stores, it is one of the largest retailers of freshly baked, on-premises specialty cookies and brownies in the US and the largest retailer of...
. - November 2007: Acquired Shoebox New York, a multi-brand retailer for footwear, handbags and accessories.
- January 2008: Acquired Great American Cookie from Mrs. Fields.
- September 2008: Waverly sold to Iconix Brand GroupIconix Brand GroupIconix Brand Group is a brand management company that licenses brands to retailers and manufacturers primarily in the apparel, footwear, and apparel accessory industries. Its brands are available in such stores as Kohl's, Kmart, Sears, Macy's, Target and JC Penney.The company began as Candie's,...
- December 2008: Bill Blass sold to Peacock International Holdings
- July 2010: NexCen properties sold to Global Franchise Group