Home / Knowledge / News / Textiles / Samuelsohn to acquire Hickey Freeman's clothing assets
Samuelsohn to acquire Hickey Freeman's clothing assets
Oct '13
Samuelsohn, the premium menswear brand based in Montreal, finalized its acquisition of the Hickey Freeman clothing assets, license and Rochester manufacturing facilities.

With the close of this landmark deal, the company becomes the largest manufacturer of luxury tailored clothing that is truly made in North America. Samuelsohn has been growing at an incredible pace over the past three years with its new management team, and by next year, is projected to be four times larger than in 2010.

"We are delighted to complete this acquisition and focus on working with the great employees of Hickey Freeman to grow the business," said Stephen Granovsky, CEO of Samuelsohn's parent company and acquirer Grano Retail Holdings.  "We believe in this industry and continue to search for opportunities to expand our footprint in luxury men's apparel."

As part of the deal, Samuelsohn has acquired all of Hickey Freeman's tangible assets, including the legendary Rochester factory, from W. Diamond Group, and will enter into a 40-year license agreement with Hickey Freeman brand owner Authentic Brands Group, LLC (ABG).

"We couldn't think of a better guardian for the Hickey Freeman brand than the team at Samuelsohn and we are very pleased to have them as our core Hickey Freeman licensee for the next forty years," said Jamie Salter, Chairman and CEO of ABG.

Granovsky will serve as CEO of Hickey Freeman Tailored Clothing ("HFTC"); Arnold Brant Silverstone has been appointed President and Chief Creative Officer and Alan Abramowicz will likewise expand his role to include President and Chief Operating Officer of HFTC.  All key management positions at Hickey Freeman have been retained and Silverstone expects to make key hires in the next couple of months in marketing and sales.

The company, which estimates that under their leadership Hickey Freeman will experience as much as 50% growth in the next three to five years, first announced the pending deal at their 90th anniversary event in New York City in July co-hosted by New York State Senator Charles Schumer and philanthropist Petra Nemcova.


Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Urs Stalder
Sanitized AG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Jay Ramrakhiani
Occasions Elegance Wear

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search