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Time Inc. to launch new division

Time Inc. disclosed the formation of a new division, Sports Illustrated Swimsuit Enterprises, or SISE, which will develop licensing programs and brand extensions.

The new unit will also extend the Sports Illustrated Swimsuit brand by developing new businesses in partnership with Sports Illustrated Swimsuit models. Further, SISE will offer opportunities to emerging Swimsuit models.

Time Inc. is seeking a general manager to head the new division, which will house the new Sports Illustrated Swim and Active apparel lines launching in 2018 with RAJ Swim.