Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

The Halston Heritage Trademark acquisition was accounted for as an asset purchase. The aggregate purchase price has been allocated to the following assets based on the fair value of the assets on the date of acquisition:


($ in thousands)
Allocated to:
Trademarks	$	10,588
Halston archives		200
Total acquisition price	$	10,788

The following represents the aggregate purchase price of $10.8 million:


($ in thousands, except share amounts)
Cash	$	8,350
Fair value of Common Stock issued (777,778 shares)		1,058
Total direct initial consideration		9,408
Direct transaction expenses		480
Contingent obligation		900
Total consideration	$	10,788