Kellwood Company LLC, a leading apparel manufacturer, has announced its acquisition by a Hong Kong-based investor group. The company designs, manufactures, and markets a portfolio of women’s and junior’s fashion brands and private label apparel.
The acquisition includes My Michelle, Jolt, Rewind, Democracy, Sangria, JAX, and Briggs New York brands, as well as the XOXO apparel license, and Kellwood’s private label business. In connection with the acquisition, David Falwell has been appointed Chief Executive Officer of Kellwood. Falwell previously served as Executive Vice President of Operations at Kellwood.
David Falwell, CEO, Kellwood states, “We believe that there is tremendous growth potential for Kellwood’s businesses, and this acquisition will allow the company to leverage its existing relationships in Asia to grow its businesses and increase profitability. I am also excited to have this opportunity to return to Kellwood to lead a proven management team.”
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In another development, Caren Belair will continue as the company’s President and Xiaopei Chin has been appointed President of the Western Region.
