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Infinity adds angel investors after launch of MascotWear
04
Dec '10
Infinity Headwear and Apparel Inc announced that it has secured an undisclosed amount of equity financing from a group of angel investors. Proceeds of the investment will provide operating capital to support Infinity's recent launch of MascotWear, an exclusive collection of collegiate mascot-inspired clothing licensed through The Collegiate Licensing Company (CLC), an IMG Company.

The CLC license for MascotWear is the first of its kind to focus on official collegiate mascot apparel and is exclusive to Infinity in the 3-D Hooded Apparel category. The line launched with children's MascotWear, with an adult line to follow in 2011. Current products include: Hooded Fleece Costumes, “Hoodies,” Hooded Bath Towels, and a pet line.

Currently, MascotWear is produced for the following schools: Alabama Crimson Tide, Arkansas Razorbacks, Florida Gators, Georgia Bulldogs, Kentucky Wildcats, LSU Tigers, Ohio State Buckeyes, Oklahoma Sooners, South Carolina Gamecocks, Tennessee Volunteers, Texas Longhorns, and USC Trojans.

Infinity CEO, Doug Keller, stated, “We are thrilled to have new investors who bring relevant experience and expertise to support Infinity as we enter this very exciting phase of growth. The response to MascotWear has been phenomenal, and we look forward to increasing our physical retail presence, as well as our ecommerce platform.”

MascotWear will be adding additional institutions and other sports properties on a rolling basis.

Infinity Headwear and Apparel Inc


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