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Nitches signs definitive agreement to buy Home Décor Business
28 Jun '06
3 min read
-- Bill Blass Home Décor - Branded home décor with classic styling for today's home.
-- Newport Blue - Exciting, fun, resort-styled home décor developed around the national brand.
Products bearing these brands are sold to better department stores, specialty home décor stores, moderate department stores, home décor catalog companies, warehouse clubs, and national and regional chain stores. It also develops, designs and manufactures private label product for many key home décor retailers and catalogs. As part of the transaction Nitches will retain all key executives in product development, sales and production.
Home Décor President Ron Mangini and Senior VP of Product Development Michael Coffindaffer will continue the strong working relationship that they have cultivated for six years, building on their combined experience of almost twenty-five years in the home décor category.
Nitches' Chairman and CEO Steve Wyandt said, "With this acquisition Nitches continues to expand and diversify our revenue stream while capitalizing on our international sourcing and domestic distribution infrastructure. We have closely watched the development of Taresha in the home décor category and believe Nitches' sourcing and distribution platform combined with access to key retailers will support continued organic growth of the Home Décor business."
Nitches Inc designs, sells, imports and distributes apparel and accessories to better department stores, specialty boutiques, moderate department stores, and national and regional discount department stores and chains. It also develops and manufactures private label products for many leading department stores and multi-channel retailers.
Nitches Inc has been designing and marketing quality apparel for niche markets since 1971. It is headquartered in San Diego, California with offices in Los Angeles, New York City, Hong Kong and Istanbul.
-- Newport Blue - Exciting, fun, resort-styled home décor developed around the national brand.
Products bearing these brands are sold to better department stores, specialty home décor stores, moderate department stores, home décor catalog companies, warehouse clubs, and national and regional chain stores. It also develops, designs and manufactures private label product for many key home décor retailers and catalogs. As part of the transaction Nitches will retain all key executives in product development, sales and production.
Home Décor President Ron Mangini and Senior VP of Product Development Michael Coffindaffer will continue the strong working relationship that they have cultivated for six years, building on their combined experience of almost twenty-five years in the home décor category.
Nitches' Chairman and CEO Steve Wyandt said, "With this acquisition Nitches continues to expand and diversify our revenue stream while capitalizing on our international sourcing and domestic distribution infrastructure. We have closely watched the development of Taresha in the home décor category and believe Nitches' sourcing and distribution platform combined with access to key retailers will support continued organic growth of the Home Décor business."
Nitches Inc designs, sells, imports and distributes apparel and accessories to better department stores, specialty boutiques, moderate department stores, and national and regional discount department stores and chains. It also develops and manufactures private label products for many leading department stores and multi-channel retailers.
Nitches Inc has been designing and marketing quality apparel for niche markets since 1971. It is headquartered in San Diego, California with offices in Los Angeles, New York City, Hong Kong and Istanbul.
Nitches Inc
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