Home / Knowledge / News / Apparel/Garments / Sun Capital exits investment in Gerber Childrenswear
Sun Capital exits investment in Gerber Childrenswear
18
Oct '13
Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, announced the sale by its affiliate of its investment in Gerber Childrenswear LLC , a leading marketer of infant and children’s apparel and related products, to Providence Apparel Inc. Terms of the private transaction were not disclosed.

Gerber Childrenswear offers infant and children’s apparel and related products under its flagship licensed brand, Gerber, and the Onesies brand, which are primarily distributed throughout North America through mass market and national retail chains. The Company also markets infant and children’s apparel under licensed brands including Jockey for Kids, Lamaze, and the NFL in the national, department, and specialty store channels.

Prior to acquisition, Gerber Childrenswear operated as a division of Kellwood Company (“Kellwood”), a designer, manufacturer, and marketer of a growing collection of premier fashion brands across a broad range of consumer lifestyles.

Upon the acquisition of Kellwood by an affiliate of Sun Capital, Gerber Childrenswear was acquired from Kellwood to operate as a standalone entity in order to implement operating efficiencies, pursue channel and brand licensing expansion opportunities, and focus on the growth of its core infant and children’s apparel business.

“We are extremely proud of our effort, working closely with management, to establish Gerber Childrenswear as a successful independent business, including building out the systems and infrastructure necessary for success,” said Marc Leder, Co-CEO at Sun Capital.

“Under our ownership, the Company has greatly improved its sourcing and distribution network, broadened its apparel product range and portfolio of brand licenses, and expanded the company’s retail reach and customer base both in the U.S. and internationally. This progress has Gerber Childrenswear well-positioned for continued future growth and success.”

Sun Capital has strong experience in the apparel sector through current affiliated portfolio companies including The Limited, an iconic fashion retailer of high-quality, private-label apparel; Hanna Andersson, a leading multi-channel retailer of lifestyle branded apparel for children and families; Vince, a men’s and women’s apparel brand operating more than 20 stores; and Scotch & Soda, an apparel brand with more than 94 stores worldwide and more than 7,000 other sales points.

Sun Capital

Must ReadView All

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...

Textiles | On 23rd May 2017

Grasim's VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

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...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

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

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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