M&A Deal Summary

Kellwood Company Acquires Royal Robbins

On July 2, 2007, Kellwood Company acquired apparel/textiles company Royal Robbins from Phoenix Footwear

Acquisition Highlights
  • This is Kellwood Company’s 4th transaction in the Apparel/Textiles sector.
  • This is Kellwood Company’s 4th transaction in the United States.
  • This is Kellwood Company’s 1st transaction in California.
Investment Fate
  • Royal Robbins was divested to a consortium of buyers in 2012.
  • Royal Robbins was sold to a strategic buyer in 2018.

M&A Deal Summary

Date 2007-07-02
Target Royal Robbins
Sector Apparel/Textiles
Buyer(s) Kellwood Company
Sellers(s) Phoenix Footwear
Deal Type Divestiture

Target

Royal Robbins

Modesto, California, United States
Royal Robbins is a designer, manufacturer, marketer and retailer of outdoor and travel apparel. The company’s primary products include short and long sleeve shirts, hiking pants and shorts, sweaters, fleece, jackets, and accessories.

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Buyer(S) 1

Buyer

Kellwood Company

Chesterfield, Missouri, United States

Category Company
Founded 1961
Sector Apparel/Textiles
DESCRIPTION

Kellwood owns and licenses branded and private women's apparel. Products are sold primarily to specialty stores, department stores, catalog houses, and national chains. Brands include Sag Harbor, Kelty, Koret, XOXO, Phat Fashions, Vince and Baby Phat.


DEAL STATS #
Overall 4 of 6
Sector: Apparel/Textiles M&A 4 of 6
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2007 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-14 Hanna Andersson

Portland, Oregon, United States

Hanna Andersson is a multi-channel children’s apparel and accessories brand. Hanna Andersson has offered high-quality, Swedish-inspired children's clothing. From its iconic striped sleepwear to everyday playwear and more, Hanna Andersson's broad product line is balanced across boys, girls and infants from newborn to 12 years old. The Company's clothing is clearly differentiated by unmatched quality, durability and style. Over the last decade, Hanna Andersson has grown from a highly successful catalog brand to become the most prominent and fastest growing premium brand in the children's specialty apparel category. With a successful omni-channel platform, Hanna Andersson has been generating double-digit annual revenue growth since 2010 through a combination of its heritage catalog business and attractive e-commerce platform, as well as 55 retail stores and 11 outlet locations. Hanna Andersson was founded in 1983 and is based in Portland, Oregon.

Buy $175M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-25 Hanna Andersson

Portland, Oregon, United States

Hanna Andersson is a multi-channel children’s apparel and accessories brand. Hanna Andersson has offered high-quality, Swedish-inspired children's clothing. From its iconic striped sleepwear to everyday playwear and more, Hanna Andersson's broad product line is balanced across boys, girls and infants from newborn to 12 years old. The Company's clothing is clearly differentiated by unmatched quality, durability and style. Over the last decade, Hanna Andersson has grown from a highly successful catalog brand to become the most prominent and fastest growing premium brand in the children's specialty apparel category. With a successful omni-channel platform, Hanna Andersson has been generating double-digit annual revenue growth since 2010 through a combination of its heritage catalog business and attractive e-commerce platform, as well as 55 retail stores and 11 outlet locations. Hanna Andersson was founded in 1983 and is based in Portland, Oregon.

Sell -

Seller(S) 1

SELLER

Phoenix Footwear

Carlsbad, California, United States

Category Company
Founded 1882
Sector Apparel/Textiles
Revenue 19M USD (2023)
DESCRIPTION

Phoenix Footwear specializes in quality comfort women’s footwear with a design focus on fitting features. Phoenix Footwear designs, develops, markets and sells footwear in a wide range of sizes and widths under the brands Trotters® and SoftWalk®. These brands are primarily sold through department stores, leading specialty and independent retail stores, mail order catalogues and internet retailers and are carried by approximately 650 customers in over 900 retail locations throughout the U.S. Phoenix Footwear has been engaged in the manufacture or importation and sale of quality footwear. Phoenix Footwear was founded in 1882 and is based in Carlsbad, California.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-01 Royal Robbins

Modesto, California, United States

Royal Robbins is a designer, manufacturer, marketer and retailer of outdoor and travel apparel. The company’s primary products include short and long sleeve shirts, hiking pants and shorts, sweaters, fleece, jackets, and accessories.

Buy $7M