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Sycamore Partners
Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its Chief Executive Officer. Kaluzny received a BA from Yale University and an MBA from Harvard Business School. Morrow served as a Principal at Golden Gate before co-founding Sycamore. Peter Morrow received a BA from Stanford University and an MBA from Stanford Graduate School of Business. Holdings Current *CommerceHub * Staples (Acquired 2017) *Pure Fishing (Acquired January 2019) **Brands include: ABU Garcia, All Star, Berkley, Chub, Fenwick, Greys, Hardy, Hodgman, Johnson, JRC, Mitchell, Penn, Pflueger, Sebil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABU Garcia
ABU Garcia, originally AB Urfabriken (Swedish: "Watch Factory Ltd."), then ABU Svängsta, is a fishing reel and equipment manufacturing company founded in Svängsta, Sweden, and is now owned by Pure Fishing conglomerate of the United States. Early history AB Urfabriken began at a factory located near the Mörrum River in Svängsta, Blekinge, Sweden. The company, founded in 1921, originally manufactured watches, telephone timers and taximeters. However, the founder's son, Göte Borgström, a fishing enthusiast, soon redirected its focus towards fishing reels during World War II, when demand for those traditional products diminished. The leading American outdoor sports participant distributing and manufacturing firm Garcia Corporation (1947-1978) was the largest fishing tackle company of its time, formerly known under the earlier name Charles Garcia & Company, New York City. The Garcia Corporation started importing and marketing ABU Svängsta's many reels in the 1950s, inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azamara Cruises
Azamara is a cruise line based in Miami, Florida, that operates four cruise ships on worldwide itineraries. History Azamara Cruises was founded in 2007 after two R-class ships from Pullmantur Cruises that would have gone to Celebrity Cruises were transferred to the new company. The first ships of the company were the ''Azamara Quest'' and ''Azamara Journey''. They make cruises to exotic locations, competing with Oceania Cruises. Azamara became quite famous and in 2009 underwent a rebranding, being renamed to Azamara Club Cruises. Between 2012 and 2013 the ''Azamara Quest'' and ''Azamara Journey'' were renovated and in 2018 the company acquired the ''Adonia'' from P&O Cruises, renaming it to ''Azamara Pursuit''. The company was founded by Royal Caribbean who wanted to diversify its operations. In 2021, due to the COVID-19 pandemic, the company was sold to a private investment group. The ships were extensively renovated from 2012 to 2013 and 2018, respectively. Azamara currently ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ascena Retail Group
Ascena Retail Group, Inc., is an American retailer of women's clothing. Ascena also owns Lane Bryant clothing store brand, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores. Chairman Emeritus Elliot Jaffe and his wife and co-founder, Roslyn, own about 25% of Ascena. History Founding and growth (1962–2019) The first Dressbarn was opened in February 1962 in Stamford, Connecticut, by Roslyn Jaffe. Jaffe saw the opportunity to provide wear-to-work dresses and clothing for the working woman during a time when women were entering the workforce in greater numbers. The company began trading on NASDAQ (symbol DBRN) in 1982. In January 2011, to reflect its broader holdings, the company was reorganized as a Delaware corporation named Ascena Retail Group, Inc. The company's NASDAQ symbol also changed to ASNA in 2011. In 2005, Ascena Retail Group acquired Maurices Inc. from American Retail Group. The name Ascena is derived from the previous parent company o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lane Bryant
Lane Bryant Inc. is an American women's apparel and intimates specialty retailer focusing on plus-size clothing. The company began in 1904 with maternity designs created by Lena Himmelstein, Lena Himmelstein Bryant Malsin. Lane Bryant, Inc., is the largest plus-size retailer in the United States. As of 2022, the chain consists of 448 stores in 46 U.S. states (only Alaska, Hawaii, Montana and Wyoming do not have Lane Bryant stores). Lane Bryant, Inc. is not affiliated with Lane Bryant catalog (Brylane, Inc.), which was spun off as a separate business in 1993. Beginning Widowed at an early age, and the orphaned daughter of Lithuanian Jewish refugees, Lena Bryant supported herself and her young son as a dressmaker. Borrowing $300 from her brother-in-law, Bryant went to the bank to open an account. The bank officer misspelled her name on the application as ''Lane'' instead of ''Lena''. In 1904, she rented a small storefront on Fifth Avenue with living quarters in the back for $12.50 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Inc
Ann Inc. is an American group of specialty apparel retail chain stores for women. The company headquartered in New York City and currently operates as a subsidiary of Ascena Retail Group. The stores offer classic-styled suits, separates, dresses, shoes and accessories. The brand is marketed under five divisions: Ann Taylor, Loft, Lou & Grey, Ann Taylor Factory, and Loft Outlet. History Richard Liebeskind, the founder of Ann Taylor, opened his first Ann Taylor store in New Haven, Connecticut, in 1954. "Ann Taylor" was the name of a best-selling dress at Liebeskind's father's store. Both the best-selling dress and the name ''Ann Taylor'' were given by the father to his son, Richard Liebeskind, for good luck. Liebeskind decided to go with the name Ann Taylor because ''Ann'' was considered a very New England name, and ''Taylor'' evoked the image of tailored clothing. The name supposedly created the ideal identity of classic women's apparel. In May 1991, the company completed an in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Torrid (clothing Retailer)
Torrid Holdings Inc. is an American women's retail chain formerly owned by Hot Topic. While it is still owned by Sycamore Partners, owners of Hot Topic, in 2015, the company branched off to become Torrid, LLC. The store offers plus-size clothing and accessories for women size 10-30. Torrid began operations in April 2001. The first location opened in the Brea Mall in Brea, California. As of 2020, Torrid has over 600 stores in operation across 36 states in the United States. Torrid opened its first store in 2001, and an international store in Canada (Toronto) in August 2015. In July 2021, the company went public on the New York Stock Exchange, under the symbol CURV. Products The store's clothing styles are aimed at women. In 2005, Torrid expanded its merchandise selection to include styles distinct from its parent company, Hot Topic. Torrid sells accessories, shoes, jewelry, novelty tee shirts, fashion tops, pants, Capri pants, shorts, skirts, dresses, outerwear, intimate apparel, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Limited
The Limited was an American clothing retailer that operated retail stores between the early 1960s and the late 2010s. After 2007, it became a brand, originally owned by the private equity firm Sun Capital Partners, now owned by another private equity firm Sycamore Partners. In January 2017 The Limited shut down all of its 250 stores, laid off 4,000 workers and filed for bankruptcy. History Bella Cabakoff was born in Williamsburg, Brooklyn and moved to Columbus, Ohio as a toddler. At 21, she became the youngest buyer for the Lazarus department store chain. In 1951, after spending over 20 years with Lazarus, she and her husband Harry Wexner opened a women's clothing store named Leslie's (after their son) on State Street. This store became the training ground for Leslie Wexner. In 1963, he borrowed $5,000 from his aunt and $5,000 from the bank and opened a store at the Kingsdale Shopping Center in Upper Arlington. This store was named "The Limited" because the store focused on clothi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talbots
The Talbots, Inc. (doing business as Talbots and stylized as TALBOTS) is an American specialty retailer and direct marketer of women's clothing, shoes and fashion accessories. As of 2018, the company operated 495 Talbots stores in the United States: 425 core Talbots stores (412 U.S), 65 Talbots Factory Outlets (U.S.) and five Talbots Clearance stores (4 U.S.). The company's retail operation comprises approximately 80% of its overall business, with the other 20% conducted via catalog and internet. History The first shop, located in Hingham, Massachusetts, was opened in 1947 by Rudolf and Nancy Talbot. In 1948, the Talbots launched a direct mail business by distributing 3,000 fliers to names obtained from ''The New Yorker'' magazine. In 1973, they sold the company, consisting of a growing catalog enterprise and five stores, to General Mills. The chain was expanded along the U.S. east coast. When General Mills divested its Specialty Retail Division in 1988, Talbots was acquired b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hot Topic
Hot Topic, Inc. (stylized as HOT TOPIC) is an American retail chain specializing in counterculture-related clothing and accessories, as well as licensed music. The stores are aimed towards an audience interested in rock music and video gaming, and most of their audience ranges from teens to young adults. Approximately 40% of Hot Topic's revenue comes from sales of licensed band T-shirts. Hot Topic often negotiates exclusive licensing arrangements with musical artists, movie studios, and graphic artists. The majority of the stores are located in regional shopping malls. History The first Hot Topic store was opened in November 1989 in Montclair Plaza, Montclair, California, by Orv Madden, a former executive at The Children's Place, who retired as CEO in 2000 and was replaced by Betsy McLaughlin, who headed the company until 2011. Lisa harper assumed the position of CEO in March 2011 until Steve Vranes was announced as the new CEO in 2016. The company went public and began tradi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belk
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, and wedding registry. History Early history Belk was founded in 1888 by William Henry Belk in Monroe, North Carolina, outside Charlotte. The store was first called New York Racket and then Belk Brothers, after Belk made his brother, physician Dr. John Belk, his partner. Belk bought in volume to pass savings on and sold at fixed prices, then a relatively unusual practice. By 1909, the company had moved its headquarters to Charlotte and built a huge flagship store on Trade and Tryon Streets in downtown Charlotte, which would remain the company's headquarters until it was closed in 1988 to make way for the construction of what is now Bank of America Corporate Center. The business grew steadily, relying on "bargain sales" and advertising ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ugly Stik
Ugly Stik is a subsidiary company of Shakespeare, a fishing equipment retail company. Ugly Stik is primarily known for its fishing rods. Shakespeare, originally called William Shakespeare, Jr. Company, was founded by William Shakespeare, Jr. in 1897 in Kalamazoo, Michigan. The William Shakespeare, Jr. Company changed its name to Shakespeare in 1915, then moved its base of operations to Columbia, South Carolina in 1970. In 1976, Shakespeare introduced the Ugly Stik rod. About One of the characteristics of the Ugly Stik rod that made it such a success when it was first introduced was the way it was built. Shakespeare used the Howald process, which was first used in the “Wonderod” in 1947. This rod was invented by Dr. Arthur M. Howald, and it would forever change the way Shakespeare would build rods. The process used by Howald in building this Wonderod was perfected by Shakespeare, and was used in building the first Ugly Stik rods. The rods made using this method included “an i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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