Home / Knowledge / News / Apparel/Garments / Ariat to expand partnership with Fisher family
Ariat to expand partnership with Fisher family
08
Jun '12
Ariat International Inc., a rapidly growing active outdoor footwear and apparel company with a leading position in the global equestrian market, announced that an agreement has been reached regarding the sale of the Company by a group of shareholders led by LNK Partners and Brentwood Associates to an existing shareholder, the Fisher family of San Francisco, and the Company's management. Terms of the transaction were not disclosed.

Beth Cross, Chief Executive Officer and co-founder of Ariat, said, "We are thrilled to be expanding our partnership with the Fisher family, who share our passion for the Company and the Ariat brand. Their deep experience as business leaders will provide a strong strategic foundation for the Company's long term growth opportunities."

"For almost 20 years, we have been partners with Beth and her management team as they built Ariat into a world-class company and brand," said John Fisher, who will serve on the Ariat Board. "We are excited to continue that partnership and support the next phase of Ariat's global growth plans."

Ariat has grown rapidly since its inception by leading the industry in continuous product innovation, and delivering high-quality products with differentiated performance characteristics.

The company has diversified successfully from its base in Western and English boots into related footwear, extended its brand into denim, apparel, and accessories, and expanded its business into key international markets. Building on its market leadership in the United States, Ariat has also established itself as the fastest-growing equestrian brand in Europe, the UK and Australia.

LNK Partners, a private equity firm focused on the consumer/retail sector, and Brentwood Associates, a Los Angeles-based private equity investment firm, first partnered with management with an investment in the Company in November 2006.

"LNK and Brentwood have been extraordinary partners to Ariat at an important stage of our growth," states Cross. "I am proud of our work together in building the Ariat brand into a premier active outdoor brand while maintaining our unique, highly entrepreneurial culture."

Ariat was advised by Peter J. Solomon Company and Kirkland & Ellis LLP.

Ariat International, Inc. is a leading designer and manufacturer of performance equestrian footwear, apparel and accessories.

Ariat International Inc

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search