Norton Rose Fulbright has advised Oxford Industries Inc. on the US$63.7 million sale of Ben Sherman business, and its related intellectual property assets, to Marquee Brands LLC.

Oxford Industries, Inc. is a New York Stock Exchange listed apparel company which designs, sources, markets and distributes products bearing the trademarks of its owned and licensed brands. Marquee Brands is a brand acquisition, licensing and development company. Sponsored by Neuberger Berman Private Equity, a business of Neuberger Berman, one of the world's leading employee-owned investment managers. Ben Sherman is a global brand which has operations throughout the UK, US, Europe and Asia Pacific. Founded in 1963, Ben Sherman has a long heritage as a modern brand that has evolved into an irreverent global lifestyle brand for men and women.

Sarah McKellar, partner at Norton Rose Fulbright, said: “We are particularly excited to have advised on this transaction not only our involvement with such an iconic brand, but the breadth of our expertise spanning numerous offices and legal disciplines.”

Mike Knapper, Head of IP in Europe and co-chair of the firm’s Consumer Markets sector group, said: “This transaction further illustrates the strength of our international retail practice and the continuing interest of overseas investors in classic British brands”

The Norton Rose Fulbright team was led from London by Sarah McKellar, assisted by Edward Gardner, Georgina Short, Greg Smith and William Byrne (Corporate). The IP team was led from London by Mike Knapper, assisted by George Cameron and Sophie Hebblethwaite-Sharpe. Other members of the UK team include Dominic Stuttaford and Jaspal Pachu (Tax); David Hawkins and Charlotte Tullis (Real Estate); Paul Griffin and Nick Howard (Employment) and Lesley Browning and Julia Ward (Pensions). Other members of the international team include Neil Gold, David Rosenzweig, Neil Sparber, Manny Rivera and Jarret Stephens (New York); Arthur Silbergeld and Jennifer Morgan (Los Angeles); Ron Scharnberg (Houston); David Paterson (Sydney); and Julia Rosigkeit (Frankfurt). Special acknowledgement is also made to Troy Ungerman (Toronto).