Lion Capital Suiting Up to Acquire John Varvatos

Lion Capital has agreed to acquire John Varvatos Enterprises from a subsidiary of VF Corporation (NYSE: VFC). Mr. Varvatos will maintain an ownership position and his role as chairman and chief creative officer. The John Varvatos men's lifestyle collection includes tailored clothing, sportswear, footwear, accessories and fragrances. Lion Capital is a PE firm focused on investing in the consumer sector.