The Christie Brown clothing line was sold to an entity in China for $10 million, according to sources familiar with the deal.
The sale is expected to close by the end of the year.
Christie Brown apparel has been around for more than 50 years.
It was founded in 1966 by Christie Brown founder and CEO George P. Brown, Jr.
The name was the name of the brand, which featured brown pants, shirts, shoes, bags and scarves in a range of styles.
The line, which was created in the mid-1960s, was based in New Jersey.
The company was sold in April 2016 to the Chinese group for $2.7 billion.
In 2018, the Christie Brown name was officially relaunched in the United States.
The new company will continue to produce products under the brand name.
Christie Brown’s American brand is the second-largest apparel brand in the world after Adidas.
It is owned by the Pritzker family of Chicago, which also owns Levi Strauss & Co., and the family of Macy’s Inc., which also controls Forever 21 Inc.