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October 27, 2008

Ed Hardy's Christian Audigier To Sell

It comes as a bit of a shock to hear that Christian Audigier, the brains behind the success of Ed Hardy as well as his own Christian Audigier luxury streetwear line, is looking to sell his empire.  According to Vogue UK 15 interested parties are willing to spend upwards of $700 million to buy the company.  The company consists of 10 brands and 92 licensees ranging from apparel and footwear to beverages and is expected to make approximately $300 million this year.  No word yet on why Audigier wants to sell.

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