FINANCE
James Campbell Brands Acquired by Hampshire Group
Los Angeles–area menswear maker James Campbell Brands has been acquired by New York–based Hampshire Group Ltd. from Maverick J LLC, a Rick Solomon Co.
The company produces men’s apparel under the James Campbell, J.Campbell, Cultura International and Malibu Cowboy brands and sells in better U.S. stores, including Nordstrom. Annual revenues are projected to total approximately $8 million, according to a company statement.
“We are very pleased to add the James Campbell brand to Hampshire’s portfolio of offerings,” said Paul Buxbaum, Hampshire’s chief executive officer. “In December 2013, we announced our strategy of diversifying our product and customer base by adding owned brands into Hampshire’s portfolio. James Campbell Brands is the first of these acquisitions we hope to consummate in the coming year as we continue to implement the plan we laid out to shareholders in December 2013.”
Hampshire Group is a provider of apparel across several categories, distribution channels and price points. Its subsidiary Hampshire Brands Inc. designs and markets men’s sportswear under licensed brands, its own brands and private label. Another subsidiary, Rio Garment S.A., produces knit tops in Honduras for men, women and children.
