Citizens of Humanity enters into partnership with Berkshire Partners
06 Feb '06
2 min read
Leading designer and distributor of premium denim and other apparel maker Citizens of Humanity has announced a partnership with Boston-based private equity firm, Berkshire Partners.
Berkshire Partners' investment will support the continued growth of Citizens of Humanity. Terms of the transaction were not disclosed.
Headquartered in Huntington Park, California, Citizens of Humanity designs and creates jeans and other apparel known for their classic style, vintage look, outstanding quality and superior fit. Its denim line, which comes in a variety of fits, colors and levels of distress, can be found at upscale specialty clothing boutiques and other high-end retail stores.
Jerome Dahan, CEO and Founder of Citizens of Humanity, said, "Partnering with Berkshire Partners enables me to continue my role as CEO and designer of Citizens of Humanity, and provides the company with the benefit of Berkshire's financial resources and strategic guidance."
"Berkshire's extensive expertise in the retail and consumer products industry will also bring fresh perspective to ensure the growth and longevity of the company." Recent retail investments by Berkshire Partners include Aritzia, Bare Escentuals, Carter's, Party City and Waterworks.
Citizens of Humanity will continue to expand its core women's lines and its men's line, which was launched in July 2005. It also offers a women's knit top line and a maternity jeans line. Prior to founding Citizens of Humanity, Dahan was a co-founder and the original designer of 7 For All Mankind and head designer at Lucky Brands.
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