Urban label Enyce (enyce.com) is getting a new mama — and her name is Liz Claiborne, Inc.

According to the terms of a deal announced on Wednesday, Claiborne (lizclaiborne.com) has signed a definitive agreement with Enyce’s current owner, Sports Brands International (SBI), to purchase Enyce Holdings for $114 million on a debt-free basis.

Pending government approval, the purchase should be finalized in early December. The deal also includes full ownership of Enyce’s sister brand, Lady Enyce.

Founded in 1996 by former Mecca USA employees Tony Shellman, Lando Felix and Evan Davis, New York-based Enyce has become a popular urban label known for its denim and athletic looks. Its 2003 sales are projected to be $95 million.

Claiborne, whose vast and growing stable of sportswear brands includes Juicy Couture, Lucky Brand, Mexx and Mambo, is expected to keep Enyce’s current management team in place.

The deal marks the second time in less than a year that Enyce has changed owners. In June, Enyce and Fila, the well-known Italian athletic brand that provided financial support to Enyce, were bought by SBI for $351 million.

SBI’s chief financial officer, Bob Galvin, said that once the Enyce sale is completed, SBI will focus on growing Fila and another division, winter-sports brand Ciesse Piumini.