Sequential Brands To Launch Footwear, Underwear Collections For Joe's Line

Sequential Brands Group Inc. said Thursday that it will launch a line of men's and women's footwear and intimate apparel in 2017 under the Joe's lifestyle brand. Joe's, which is known for the Joe's Jeans label, is available in department stores like Nordstrom Inc. and Neiman Marcus, and in 18 boutiques across the U.S. The footwear collections will be created in partnership with ACI International and will be available in the spring. The intimate collections will include underwear, sleepwear and loungewear created with ESP Group Ltd. and will be available in the fall. Sequential Brands shares are unchanged in premarket trading, and down 28.6% for the past year. The S&P 500 index is up 20.7% for the last 12 months.