ITEM 8.01 OTHER EVENTS. The Company issued a press release onJune 23, 2021 to announce that it has entered into a definitive agreement to sell certain intellectual property and other assets of its Heritage Brands business toAuthentic Brands Group for a cash purchase price of approximately$220 million , subject to a customary adjustment. A copy of this press release is attached as Exhibit 99.1 to this report. The transaction, which is expected to close in the third quarter of the Company's fiscal 2021 year, is subject to customary closing conditions, including regulatory approval. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Press Release datedJune 23, 2021 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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