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Business

Hong Kong-based company acquires Kellwood

Leading apparel manufacturer Kellwood Company is no longer owned by U.S. company Sun Capital Partners. A Hong Kong-based investor group has now acquired the apparel company for an undisclosed amount. Kellwood made this move due to its growing opportunities of expansion internationally. “We believe that there is tremendous growth potential for...

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People

Kellwood names Joseph Lombardi as CEO

Apparel manufacturer and marketer, Kellwood Holding, has named Joseph Lombardi as chief executive officer, effective immediately. Lombardi, who joined Kellwood as chief financial officer in 2013, succeeds Lynn Shanahan who has left the company to reassume her role at the helm of C2 Group, a strategic brand building company. Commenting on...

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Fashion

Kellwood acquires Scotch & Soda

Part of Sun Capital Partners, American company Kellwood inked its agreement to acquire Dutch fashion company Scotch & Soda. By partnering with Kellwood, Scotch & Soda is looking to move into the American market and expand internationally. The current board of directors including Joep Krouwels, Erik Bijlsma en Patrick Munsters, will stay on after...

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