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

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Nitin Bhatia
Trend Arrest

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

Top executives
Textile industry

The foremost issue is bridging the skill gap

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts
Eurofibers

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sanjukta Dutta
Sanjukta's Studio

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

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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