Home / Knowledge / News / Apparel/Garments / Detwiler completes acquisition of Rugged Bear
Detwiler completes acquisition of Rugged Bear
12
Feb '10
Detwiler Fenton Group, Inc. via a newly formed entity, The Rugged Bear Company, announced that it has completed the acquisition of The Rugged Bear, Inc.'s children's clothing business. The Rugged Bear is a leading designer and retailer of high-quality, affordable children's clothing and outerwear in the Northeast United States. Rugged Bear sells its products in 26 retail locations located in six states, as well as through its website.

The acquisition, which was led by Detwiler Fenton Group on behalf of a group of investors, represents the first transaction for the recently established Merchant Banking Group of Detwiler Fenton Group's primary operating subsidiary, Detwiler Fenton & Co. (“DFC”), a FINRA member broker dealer.

Commenting on the announcement, newly installed President and Chief Executive Officer of The Rugged Bear business, Garrett Larson, said “Over the last 30 years, The Rugged Bear has become one of the most well-known and highly respected retail brands in the New England area. This acquisition represents a unique opportunity for us to improve upon The Rugged Bear concept and expand our presence both within New England and, eventually, into other regions across the United States.”

Alan McDonough, the founder of The Rugged Bear, stated, "This transaction will allow The Rugged Bear to capitalize on the strengths of the new management group and continue to provide the high-quality, competitively priced products for which the company has been known for the past 30 years. We are thrilled that the wonderful tradition of The Rugged Bear will continue and thrive into the future.”

Alex Arnold, Executive Vice President of Detwiler Fenton, added, “We are extremely excited to work with Garrett Larson to leverage our expertise in the consumer and retail sector and propel the Rugged Bear brand to the next level in the retail marketplace.”

Detwiler Fenton Group Inc


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Saket Garg
Garg Corporation

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

Ashok Desai
Bombay Textile Research Association

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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:
June 2017

June 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