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{{unreliable sources|date=January 2019}}
{{Infobox company
{{Infobox company
| name = Kellwood Apparel, LLC
| name = Kellwood Apparel, LLC
| logo = Kellwood Company logo.png
| logo = Kellwood Company logo.png
| logo_size = 250px
| logo_size = 250px
| type = Private
| type = Private
| foundation = 1961
| foundation = 1961
| location = City of Industry, CA
| location = City of Industry, CA
| key_people = David Falwell , CEO; Caren Belair Group President, Lifestyle & Juniors; Adrian Kowalewski, CFO , Henry Caamano , CIO , XiaoPei Chin , President of Production and Sourcing , Mary Yap , Director Human Resources.
| key_people = David Falwell, CEO; Caren Belair Group President, Lifestyle & Juniors; Adrian Kowalewski, CFO; Henry Paradela , CIO; XiaoPei Chin , President of Production and Sourcing; Mary Yap , Director Human Resources.
| industry = Apparel
| industry = Apparel
| products = [[Apparel]]
| products = [[Apparel]]
| revenue =
| revenue =
| operating_income =
| operating_income =
| net_income =
| net_income =
| num_emplopyees =
| num_emplopyees =
| owner =
| owner =
| subsid =
| subsid =
| homepage = [http://www.Kellwood.com/ Kellwood.com]
| homepage = [http://www.Kellwood.com/ Kellwood.com]
| footnotes =
| footnotes =
}}
}}
'''Kellwood Apparel''' is an [[United States|American]] apparel manufacturer. Founded in 1961, Kellwood's portfolio of Women's, Juniors and Girls apparel includes [[Rebecca Taylor]], Parker, Devlin, Briggs NY, Democracy, Jax, Sangria, Jolt, Rewind and My Michelle, as well as licensed brand [[XOXO (brand)|XOXO]]. Kellwood became an affiliated company of [[Sun Capital Partners]], Inc. in February, 2008. In December 2016, Kellwood company was acquired by an unnamed Hong Kong investor group for an undisclosed amount.<ref>{{Cite news|url=https://www.apparelnews.net/news/2016/dec/21/kellwood-co-sold-hong-kong-investor-group/|title=Kellwood Co. Sold to Hong Kong Investor Group|access-date=2017-09-01|language=en}}</ref>
'''Kellwood Apparel''' is an American apparel manufacturer. Founded in 1961, Kellwood's portfolio of Women's, Juniors, and Girls' apparel includes Parker, Devlin, Briggs NY, Democracy, Jax, Rewind, My Michelle, and licensed brands. Kellwood became an affiliated company of [[Sun Capital Partners]], Inc. in February 2008. In December 2016, Kellwood Company was acquired by an unnamed Hong Kong investor group for an undisclosed amount.<ref>{{Cite news|url=https://www.apparelnews.net/news/2016/dec/21/kellwood-co-sold-hong-kong-investor-group/|title=Kellwood Co. Sold to Hong Kong Investor Group|access-date=2017-09-01|language=en}}</ref>


==History==
==History==
===Formation in 1962===
===Formation in 1961===
In 1961, fifteen independent suppliers of soft goods to [[Sears|Sears, Roebuck and Co]]. merged to form Kellwood Company. The largest of them being Ahoskie Manufacturing Co. owned and operated by George B. Smolen, a company once known as Smolen Manufacturing run by his father, Jacob Smolen. With its formation, the new company had 22 plants in 10 states and 7,000 employees. The original product lines included a wide variety of apparel, camping equipment and bedding.{{citation needed|date=May 2017}} Taking its name from two former Sears’ executives, Charles H. Kellstadt and [[Robert E. Wood]], The first officers included Maurice Perlstein, president and treasurer; Fred W. Wenzel, vice president; Stanley M. Guthunz, vice president; Ovide de St. Aubin, Jr., vice president; and Howard Michaelson, Jr., secretary.<ref name=k-history>{{cite web|url=http://www.fundinguniverse.com/company-histories/Kellwood-Company-Company-History.html |title=Kellwood Company - Company History |publisher=Fundinguniverse.com |date= |accessdate=2012-02-20}}</ref> The 15 original companies were Ahoskie Manufacturing Co., Albert of Arizona, Biltmore Manufacturing Co., Calhoun Garment Co., Garver Manufacturing Co., Greenfield Manufacturing Co., Hawthorn Company, McComb Manufacturing Co., Monticello Manufacturing Co., Ottenheimer Bros. Manufacturing Co., Oxford Manufacturing Co., Rutherford Garment Co., Siler City Manufacturing Co., Southern Foundations, and Spencer Manufacturing Co.<ref>International Directory of Company Histories, Vol. 8. St. James Press, 1994</ref>
In 1961, fifteen independent suppliers of [[soft goods]] to [[Sears|Sears, Roebuck and Co]] were merged to form Kellwood Company. Taking its name from two former Sears' executives, Charles H. Kellstadt and [[Robert E. Wood]], The first officers included Maurice Perlstein, president and treasurer; Fred W. Wenzel, vice president; Stanley M. Guthunz, vice president; Ovide de St. Aubin, Jr., vice president; and Howard Michaelson, Jr., secretary.<ref name=k-history>{{cite web|url=http://www.fundinguniverse.com/company-histories/Kellwood-Company-Company-History.html |title=Kellwood Company - Company History |publisher=Fundinguniverse.com |access-date=2012-02-20}}</ref> The 15 original companies were Ahoskie Manufacturing Co., Albert of Arizona, Biltmore Manufacturing Co., Calhoun Garment Co., Garver Manufacturing Co., Greenfield Manufacturing Co., Hawthorn Company, McComb Manufacturing Co., Monticello Manufacturing Co., Ottenheimer Bros. Manufacturing Co., Oxford Manufacturing Co., Rutherford Garment Co., Siler City Manufacturing Co., Southern Foundations, and Spencer Manufacturing Co.<ref>International Directory of Company Histories, Vol. 8. St. James Press, 1994</ref>


===Growth===
===Growth===
The company experienced its greatest success under the leadership of William John McKenna, who served as COO and later CEO from 1982 to 1996. For Kellwood Company, McKenna acquired Smart Shirts, Cape Cod-Cricket Lane, American Recreation Products Ltd., Crowntuft Manufacturing Corporation, Slumberjack Inc., D Corporation Inc., California Ivy, Inc., A.J. Brandon, Inc., Parsons Place Apparel (now Sag Harbor), E Z Sportswear (now Melrose), En Chant'e Inc. (now ENC), Goodman Knitting Company, Inc., Dotti and Sierra Designs, and launched a Kathie Lee Gifford clothing label. Also under McKenna's term, Kellwood's sales surpassed $1 billion.<ref>{{cite web|url=http://www.apparelsearch.com/profile_kellwood.htm |title=Profile Kellwood |publisher=Apparelsearch.com |date= |accessdate=2012-02-20}}</ref>
The company experienced its greatest success under the leadership of William John McKenna, who served as COO and later CEO from 1982 to 1996. For Kellwood Company, McKenna acquired Smart Shirts, Cape Cod-Cricket Lane, American Recreation Products Ltd., Crowntuft Manufacturing Corporation, Slumberjack Inc., D Corporation Inc., California Ivy, Inc., A.J. Brandon, Inc., Parsons Place Apparel (now Sag Harbor), E Z Sportswear (now Melrose), En Chant'e Inc. (now ENC), Goodman Knitting Company, Inc., Dotti and Sierra Designs, and launched a Kathie Lee Gifford clothing label. Also under McKenna's term, Kellwood's sales surpassed $1 billion.<ref>{{cite web|url=http://www.apparelsearch.com/profile_kellwood.htm |title=Profile Kellwood |publisher=Apparelsearch.com |access-date=2012-02-20}}</ref>


{{anchor|Sierra Designs}}In 1965, Bob Swanson and George Rudolph left ''Trailwise/Ski Hut''<ref>https://www.patagonia.com/stories/remembering-peter-noone/story-71523.html o</ref><ref>{{cite web | url=http://www.oregonphotos.com/Trailwise-Ski-Hut1.html | archive-url=https://web.archive.org/web/20181020023000/http://www.oregonphotos.com/Trailwise-Ski-Hut1.html | archive-date=2018-10-20 | title=Trailwise Ski Hut Berkeley products }}</ref> in Berkeley, California and founded ''Sierra Designs'' at 137 Tewksbury in Point Richmond.<ref name="typef/sierra-designs">{{cite web |title=About Sierra Designs |url=http://www.typef.com/article/sierra-designs/ |website=typeF.com |access-date=26 August 2023 |archive-url=https://web.archive.org/web/20111014070841/http://www.typef.com/article/sierra-designs/ |archive-date=14 October 2011}}</ref> In 1968, Sierra Designs introduced the 60/40 Parka from a fabric with a blend of cotton (58%, [[Warp and weft|warp]]) and nylon (42%, [[Warp and weft|weft]]).<ref>https://web.archive.org/web/20181020113953/http://www.oregonphotos.com/SierraDesigns1.html<!-- https://web.archive.org/web/20181020023000/http://www.oregonphotos.com/Backpacking-Revolution1.html --></ref>
===Recent acquisitions===
⚫
In February 2008, Kellwood Company became an affiliated company of [[Sun Capital|Sun Capital Partners, Inc.]]<ref>{{cite web|url=http://www.mwe.com/index.cfm/fuseaction/media.prdetail/object_id/b6ea780c-3e62-4a08-b343-49fd8df70f03.cfm |title=McDermott - Press Releases - Kellwood Company Acquired by Sun Capital Securities Group |publisher=Mwe.com |date= |accessdate=2012-02-20 |deadurl=yes |archiveurl=https://web.archive.org/web/20110720175111/http://www.mwe.com/index.cfm/fuseaction/media.prdetail/object_id/b6ea780c-3e62-4a08-b343-49fd8df70f03.cfm |archivedate=2011-07-20 |df= }}</ref><ref>{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=283410 |title=Kellwood Company: Private Company Information - BusinessWeek |publisher=Investing.businessweek.com |date= |accessdate=2012-02-20}}</ref> In January 2010, Kellwood Company acquird ISIS,<ref>http://www.isisforwomen.com</ref> an award-winning outdoor company focused on women's performance and casual apparel.<ref>{{cite web|author=Business Wire |url=http://www.businesswire.com/news/home/20100111005493/en/Kellwood-Acquires-ISIS |title=Kellwood Acquires ISIS |publisher=Business Wire |date=2010-01-11 |accessdate=2012-02-20}}</ref> In January 2011, Kellwood Company acquired [[Rebecca Taylor]], a contemporary sportswear brand created by [[New Zealand]]-born [[fashion designer]] [[Rebecca Taylor]] and her business partner Elizabeth Bugdaycay.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/kellwood-acquires-rebecca-taylor-112926009.html |title=Kellwood Acquires Rebecca Taylor - ST. LOUIS, Jan. 5, 2011 /PRNewswire/ |location=Missouri |publisher=Prnewswire.com |date= |accessdate=2012-02-20}}</ref> In July 2011, Kellwood announced its acquisition of Zobha,<ref>{{cite web|url=http://www.zobha.com|title=Women's Fitness Clothing - Yoga and Exercise Clothes Online - Zobha|publisher=}}</ref> a high performance yoga and fitness apparel and accessories company.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/kellwood-acquires-zobha-126237963.html |title=Kellwood Acquires Zobha - ST. LOUIS, July 27, 2011 /PRNewswire/ |location=Missouri, California |publisher=Prnewswire.com |date= |accessdate=2012-02-20}}</ref>


In 2005, chairman Hal Upbin stepped down as the company's CEO, passing the title on to Kellwood's president, Robert Skinner. After he retired as a CEO, Upbin became Kellwood's adviser in specific areas such as mergers and acquisitions, strategic planning, and operational projects.<ref>{{Cite web|url=https://www.snewsnet.com/news/outdoor-financials-kellwood-net-earnings-drop-50-percent-plus-deckers-saucony-quiksilver-eddie-bauer|title=Outdoor financials: Kellwood net earnings drop 50 percent, plus Deckers, Saucony, Quiksilver, Eddie Bauer|date=2017-05-12|website=SNEWS|language=en-us|access-date=2020-01-20}}</ref>
⚫
November 22, 2013, Kellwood and [[Sun Capital Partners]] complete the [[IPO]] of ''VINCE.'' under the ticker, VNCE on the [[NYSE]].<ref>https://www.nyse.com/about/listed/lcddata.html?ticker=VNCE</ref> In July 2014, Kellwood Holding, LLC announced its acquisition of [[Parker (clothing)|Parker]].{{citation needed|date=April 2017}} Clothier Vince announced in late April 2017 that it might not remain in business over the next year, after a severe decline in revenues and stock value.<ref name=ft-vince>{{cite news |last=Platt |first=Eric |date=April 28, 2017 |title=Clothier Vince warns of ‘substantial doubt’ that it will stay in business |url=https://www.ft.com/content/5af1d6c8-f4e0-3218-beb4-512bb78377cc | work=[[Financial Times]] |location= |access-date=April 30, 2017}}</ref>


In 2008, Gerber Childrenswear, a division of Kellwood Company, entered into a licensing agreement with [[Jockey International]].<ref>{{Cite web|url=https://risnews.com/jockey-and-kellwood-company-announce-licensing-agreement|title=Jockey and Kellwood Company Announce Licensing Agreement|date=2008-01-01|website=RIS News|language=en|access-date=2020-01-17}}</ref>
==Brands owned by Kellwood Company==

* Parker (as of July, 2014)<ref>{{cite web|url=http://parkerny.com|title=Parker NY|publisher=}}</ref>
In 2012, Jill Granoff was appointed as Kellwood Company's CEO.<ref>{{Cite web|url=https://chainstoreage.com/news/seasoned-apparel-exec-named-ceo-kellwood-company|title=Seasoned apparel exec named CEO of Kellwood Company|date=2012-07-05|website=Chain Store Age|language=en|access-date=2020-01-17}}</ref>
* Devlin<ref>{{cite web|url=http://www.devlincollection.com|title=The Devlin Collection|publisher=}}</ref>

* Jolt<ref>{{cite web|url=http://www.JoltStyle.com|title=The Kellwood Company|publisher=}}</ref>
===Acquisitions===
* Jax<ref name="JaxSangria">{{cite web|url=http://www.JaxAndSangria.com|title=Jax and Sangria|publisher=}}</ref>
⚫
In February 2008, Kellwood Company became an affiliated company of [[Sun Capital|Sun Capital Partners, Inc.]]<ref>{{cite web|url=http://www.mwe.com/index.cfm/fuseaction/media.prdetail/object_id/b6ea780c-3e62-4a08-b343-49fd8df70f03.cfm |title=McDermott - Press Releases - Kellwood Company Acquired by Sun Capital Securities Group |publisher=Mwe.com |access-date=2012-02-20 |url-status=dead |archive-url=https://web.archive.org/web/20110720175111/http://www.mwe.com/index.cfm/fuseaction/media.prdetail/object_id/b6ea780c-3e62-4a08-b343-49fd8df70f03.cfm |archive-date=2011-07-20 }}</ref><ref>{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=283410 |archive-url=https://web.archive.org/web/20090815034546/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=283410 |url-status=dead |archive-date=August 15, 2009 |title=Kellwood Company: Private Company Information - BusinessWeek |publisher=Investing.businessweek.com |access-date=2012-02-20}}</ref> In January 2010, Kellwood Company acquired ISIS,<ref>{{Cite web |url=http://www.isisforwomen.com/ |title=ISIS for Women &#124; Women's Performance Outdoor Jackets & Clothing |access-date=2020-02-15 |archive-url=https://archive.today/20130126120319/http://www.isisforwomen.com/ |archive-date=2013-01-26 |url-status=dead }}</ref> an award-winning outdoor company focused on women's performance and casual apparel.<ref>{{cite web|author=Business Wire |url=http://www.businesswire.com/news/home/20100111005493/en/Kellwood-Acquires-ISIS |title=Kellwood Acquires ISIS |publisher=Business Wire |date=2010-01-11 |access-date=2012-02-20}}</ref> In January 2011, Kellwood Company acquired [[Rebecca Taylor]], a contemporary sportswear brand created by [[New Zealand]]-born [[fashion designer]] [[Rebecca Taylor]] and her business partner Elizabeth Bugdaycay.<ref>{{cite press release|url=http://www.prnewswire.com/news-releases/kellwood-acquires-rebecca-taylor-112926009.html |title=Kellwood Acquires Rebecca Taylor - ST. LOUIS, Jan. 5, 2011 /PRNewswire/ |location=Missouri |publisher=Prnewswire.com |access-date=2012-02-20}}</ref> In July 2011, Kellwood announced its acquisition of Zobha,<ref>{{cite web|url=http://www.zobha.com|title=Women's Fitness Clothing - Yoga and Exercise Clothes Online - Zobha}}</ref> a high-performance yoga and fitness apparel and accessories company.<ref>{{cite press release|url=http://www.prnewswire.com/news-releases/kellwood-acquires-zobha-126237963.html |title=Kellwood Acquires Zobha - ST. LOUIS, July 27, 2011 /PRNewswire/ |location=Missouri, California |publisher=Prnewswire.com |access-date=2012-02-20}}</ref>
* Sangria<ref name="JaxSangria"/>

* My Michelle
⚫
On November 22, 2013, Kellwood and [[Sun Capital Partners]] completed the [[initial public offering]] of Vince under the ticker VNCE on the [[NYSE]].<ref>https://www.nyse.com/about/listed/lcddata.html?ticker=VNCE {{Dead link|date=February 2022}}</ref> In July 2014, Kellwood Holding, LLC announced its acquisition of Parker.[https://wwd.com/business-news/mergers-acquisitions/kellwood-buys-parker-brand-7811967/] Clothier Vince announced in late April 2017 that it might not remain in business over the next year after a severe decline in revenues and stock value.<ref name=ft-vince>{{cite news |last=Platt |first=Eric |date=April 28, 2017 |title=Clothier Vince warns of 'substantial doubt' that it will stay in business |url=https://www.ft.com/content/5af1d6c8-f4e0-3218-beb4-512bb78377cc | work=[[Financial Times]] |access-date=April 30, 2017}}</ref> In October 2023, CreditRiskMonitor reported that Vince Holding was nearing a potential [[Chapter 11 bankruptcy]] filing.<ref>{{Cite web|url=https://www.retaildive.com/news/retailers-at-risk-of-bankruptcy-2023/694548/|title=11 retailers at risk of bankruptcy in 2023|date=October 2, 2023|access-date=October 3, 2023|website=Retail Dive|language=en}}</ref>
* Democracy<ref>{{cite web|url=http://democracyclothing.com|title=Democracy|publisher=}}</ref>

* Briggs NY
In 2016, Kellwood was acquired by a Hong Kong-based investor group previously operated by [[Sun Capital Partners]]. Following the acquisition, David Falwell was promoted from Executive Vice President to the company's CEO.<ref>{{Cite web|url=https://sourcingjournal.com/topics/business-news/kellwood-company-sold-hong-kong-investor-part-growth-plan-58685/|title=Kellwood Company Sold to Hong Kong Investor as Part of Growth Plan|last=Donaldson|first=Tara|date=2016-12-26|website=Sourcing Journal|language=en-US|access-date=2020-01-17}}</ref>
* [[Rebecca Taylor]]<ref>{{cite web|url=http://www.RebeccaTaylor.com|title=Rebecca Taylor|publisher=}}</ref> (as of January 2011)
* [[XOXO (brand)|XOXO]]<ref>{{cite web|url=http://sojones.com/style-trends/xoxo/|title=Styles and Trends: XOXO|last=SoJones|date=July 17, 2010|publisher=Webup Media|accessdate=December 6, 2014}}</ref>
* [[Scotch and Soda (clothing)|Scotch and Soda]]<ref>{{cite news|title=Kellwood acquires Scotch & Soda|url=http://www.fashionunited.co.uk/fashion-news/fashion/kellwood-acquires-scotch-soda-2011071312594|accessdate=13 October 2013|newspaper=FashionUnited|date=13 July 2011}}</ref>
* [[Baby Phat]]<ref>{{Cite news|url=http://search.proquest.com/docview/451796875|title=Kellwood Company to Acquire Phat Fashions|last=|first=|date=Jan 8, 2004|work=PR Newswire|access-date=March 7, 2017}}</ref>


== See also ==
== See also ==
Line 57: Line 52:
== External links ==
== External links ==
* {{Official website|http://www.Kellwood.com/}}
* {{Official website|http://www.Kellwood.com/}}
* [https://www.lib.ncsu.edu/findingaids/mc00537 Guide to the Robert McKinley and R. M. Matthews Papers 1955-1981]


{{Sun Capital Partners}}
{{Sun Capital Partners}}


[[Category:Clothing companies of the United States]]
[[Category:Clothing companies of the United States]]
[[Category:Clothing companies established in 1961]]
[[Category:American companies established in 1961]]
[[Category:American companies established in 1961]]
[[Category:2008 mergers and acquisitions]]
[[Category:2016 mergers and acquisitions]]

Latest revision as of 19:11, 23 April 2024

Kellwood Apparel, LLC
Company typePrivate
IndustryApparel
Founded1961
HeadquartersCity of Industry, CA
Key people
David Falwell, CEO; Caren Belair Group President, Lifestyle & Juniors; Adrian Kowalewski, CFO; Henry Paradela , CIO; XiaoPei Chin , President of Production and Sourcing; Mary Yap , Director Human Resources.
ProductsApparel
WebsiteKellwood.com

Kellwood Apparel is an American apparel manufacturer. Founded in 1961, Kellwood's portfolio of Women's, Juniors, and Girls' apparel includes Parker, Devlin, Briggs NY, Democracy, Jax, Rewind, My Michelle, and licensed brands. Kellwood became an affiliated company of Sun Capital Partners, Inc. in February 2008. In December 2016, Kellwood Company was acquired by an unnamed Hong Kong investor group for an undisclosed amount.[1]

History[edit]

Formation in 1961[edit]

In 1961, fifteen independent suppliers of soft goods to Sears, Roebuck and Co were merged to form Kellwood Company. Taking its name from two former Sears' executives, Charles H. Kellstadt and Robert E. Wood, The first officers included Maurice Perlstein, president and treasurer; Fred W. Wenzel, vice president; Stanley M. Guthunz, vice president; Ovide de St. Aubin, Jr., vice president; and Howard Michaelson, Jr., secretary.[2] The 15 original companies were Ahoskie Manufacturing Co., Albert of Arizona, Biltmore Manufacturing Co., Calhoun Garment Co., Garver Manufacturing Co., Greenfield Manufacturing Co., Hawthorn Company, McComb Manufacturing Co., Monticello Manufacturing Co., Ottenheimer Bros. Manufacturing Co., Oxford Manufacturing Co., Rutherford Garment Co., Siler City Manufacturing Co., Southern Foundations, and Spencer Manufacturing Co.[3]

Growth[edit]

The company experienced its greatest success under the leadership of William John McKenna, who served as COO and later CEO from 1982 to 1996. For Kellwood Company, McKenna acquired Smart Shirts, Cape Cod-Cricket Lane, American Recreation Products Ltd., Crowntuft Manufacturing Corporation, Slumberjack Inc., D Corporation Inc., California Ivy, Inc., A.J. Brandon, Inc., Parsons Place Apparel (now Sag Harbor), E Z Sportswear (now Melrose), En Chant'e Inc. (now ENC), Goodman Knitting Company, Inc., Dotti and Sierra Designs, and launched a Kathie Lee Gifford clothing label. Also under McKenna's term, Kellwood's sales surpassed $1 billion.[4]

In 1965, Bob Swanson and George Rudolph left Trailwise/Ski Hut[5][6] in Berkeley, California and founded Sierra Designs at 137 Tewksbury in Point Richmond.[7] In 1968, Sierra Designs introduced the 60/40 Parka from a fabric with a blend of cotton (58%, warp) and nylon (42%, weft).[8]

In 2005, chairman Hal Upbin stepped down as the company's CEO, passing the title on to Kellwood's president, Robert Skinner. After he retired as a CEO, Upbin became Kellwood's adviser in specific areas such as mergers and acquisitions, strategic planning, and operational projects.[9]

In 2008, Gerber Childrenswear, a division of Kellwood Company, entered into a licensing agreement with Jockey International.[10]

In 2012, Jill Granoff was appointed as Kellwood Company's CEO.[11]

Acquisitions[edit]

In February 2008, Kellwood Company became an affiliated company of Sun Capital Partners, Inc.[12][13] In January 2010, Kellwood Company acquired ISIS,[14] an award-winning outdoor company focused on women's performance and casual apparel.[15] In January 2011, Kellwood Company acquired Rebecca Taylor, a contemporary sportswear brand created by New Zealand-born fashion designer Rebecca Taylor and her business partner Elizabeth Bugdaycay.[16] In July 2011, Kellwood announced its acquisition of Zobha,[17] a high-performance yoga and fitness apparel and accessories company.[18]

On November 22, 2013, Kellwood and Sun Capital Partners completed the initial public offering of Vince under the ticker VNCE on the NYSE.[19] In July 2014, Kellwood Holding, LLC announced its acquisition of Parker.[1] Clothier Vince announced in late April 2017 that it might not remain in business over the next year after a severe decline in revenues and stock value.[20] In October 2023, CreditRiskMonitor reported that Vince Holding was nearing a potential Chapter 11 bankruptcy filing.[21]

In 2016, Kellwood was acquired by a Hong Kong-based investor group previously operated by Sun Capital Partners. Following the acquisition, David Falwell was promoted from Executive Vice President to the company's CEO.[22]

See also[edit]

References[edit]

  1. ^ "Kellwood Co. Sold to Hong Kong Investor Group". Retrieved 2017-09-01.
  2. ^ "Kellwood Company - Company History". Fundinguniverse.com. Retrieved 2012-02-20.
  3. ^ International Directory of Company Histories, Vol. 8. St. James Press, 1994
  4. ^ "Profile Kellwood". Apparelsearch.com. Retrieved 2012-02-20.
  5. ^ https://www.patagonia.com/stories/remembering-peter-noone/story-71523.html o
  6. ^ "Trailwise Ski Hut Berkeley products". Archived from the original on 2018-10-20.
  7. ^ "About Sierra Designs". typeF.com. Archived from the original on 14 October 2011. Retrieved 26 August 2023.
  8. ^ https://web.archive.org/web/20181020113953/http://www.oregonphotos.com/SierraDesigns1.html
  9. ^ "Outdoor financials: Kellwood net earnings drop 50 percent, plus Deckers, Saucony, Quiksilver, Eddie Bauer". SNEWS. 2017-05-12. Retrieved 2020-01-20.
  10. ^ "Jockey and Kellwood Company Announce Licensing Agreement". RIS News. 2008-01-01. Retrieved 2020-01-17.
  11. ^ "Seasoned apparel exec named CEO of Kellwood Company". Chain Store Age. 2012-07-05. Retrieved 2020-01-17.
  12. ^ "McDermott - Press Releases - Kellwood Company Acquired by Sun Capital Securities Group". Mwe.com. Archived from the original on 2011-07-20. Retrieved 2012-02-20.
  13. ^ "Kellwood Company: Private Company Information - BusinessWeek". Investing.businessweek.com. Archived from the original on August 15, 2009. Retrieved 2012-02-20.
  14. ^ "ISIS for Women | Women's Performance Outdoor Jackets & Clothing". Archived from the original on 2013-01-26. Retrieved 2020-02-15.
  15. ^ Business Wire (2010-01-11). "Kellwood Acquires ISIS". Business Wire. Retrieved 2012-02-20. {{cite web}}: |author= has generic name (help)
  16. ^ "Kellwood Acquires Rebecca Taylor - ST. LOUIS, Jan. 5, 2011 /PRNewswire/" (Press release). Missouri: Prnewswire.com. Retrieved 2012-02-20.
  17. ^ "Women's Fitness Clothing - Yoga and Exercise Clothes Online - Zobha".
  18. ^ "Kellwood Acquires Zobha - ST. LOUIS, July 27, 2011 /PRNewswire/" (Press release). Missouri, California: Prnewswire.com. Retrieved 2012-02-20.
  19. ^ https://www.nyse.com/about/listed/lcddata.html?ticker=VNCE [dead link]
  20. ^ Platt, Eric (April 28, 2017). "Clothier Vince warns of 'substantial doubt' that it will stay in business". Financial Times. Retrieved April 30, 2017.
  21. ^ "11 retailers at risk of bankruptcy in 2023". Retail Dive. October 2, 2023. Retrieved October 3, 2023.
  22. ^ Donaldson, Tara (2016-12-26). "Kellwood Company Sold to Hong Kong Investor as Part of Growth Plan". Sourcing Journal. Retrieved 2020-01-17.

External links[edit]

source: https://en.wikipedia.org/w/index.php?title=Kellwood_Company&diff=1220434492&oldid=878322765

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