Friday, September 21, 2012

RICHEMONT TO ACQUIRE PETER MILLAR

Image courtesy of Peter Millar (Facebook Page)



Swiss- based Richemont  (Cartier, Van Cleef & Arpels, A. Lange & Söhne, Baume & Mercier, IWC, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis ,Vacheron Constantin, Ralph Lauren Watch and Jewelry, Montblanc MaisonAlfred Dunhill, Chloé and Lancel as well as other smaller Maisons) is to acquire PETER MILLAR, a US-based, international luxury apparel business.

The acquisition by Richemont will position Peter Millar for its next stage of development and growth. “We are incredibly fortunate to have partnered with Winona Capital. Together we have developed and built the Peter Millar brand, expanded the product range, and grew sales and distribution,” 

said Scott Mahoney, Chief Executive Officer of Peter Millar

“Now partnering with Richemont represents a wonderful opportunity for Peter Millar to continue to build the brand globally under Richemont’s stewardship. We look forward to working with Richemont and the association with their prestigious family of brands.”
 Founded in 2001, the Peter Millar line embraces timeless elegance using only the highest quality materials. With a studio and design center in Raleigh, North Carolina as well as business operations in Durham, North Carolina, Peter Millar is one of today’s fastest growing and most sought after brands in the lifestyle apparel market. Global distribution includes North America, Europe, Asia, Australia and the South Pacific.

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Green Pebbles A Passion for Luxury Fashion and Watches: RICHEMONT TO ACQUIRE PETER MILLAR

RICHEMONT TO ACQUIRE PETER MILLAR

Image courtesy of Peter Millar (Facebook Page)



Swiss- based Richemont  (Cartier, Van Cleef & Arpels, A. Lange & Söhne, Baume & Mercier, IWC, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis ,Vacheron Constantin, Ralph Lauren Watch and Jewelry, Montblanc MaisonAlfred Dunhill, Chloé and Lancel as well as other smaller Maisons) is to acquire PETER MILLAR, a US-based, international luxury apparel business.

The acquisition by Richemont will position Peter Millar for its next stage of development and growth. “We are incredibly fortunate to have partnered with Winona Capital. Together we have developed and built the Peter Millar brand, expanded the product range, and grew sales and distribution,” 

said Scott Mahoney, Chief Executive Officer of Peter Millar

“Now partnering with Richemont represents a wonderful opportunity for Peter Millar to continue to build the brand globally under Richemont’s stewardship. We look forward to working with Richemont and the association with their prestigious family of brands.”
 Founded in 2001, the Peter Millar line embraces timeless elegance using only the highest quality materials. With a studio and design center in Raleigh, North Carolina as well as business operations in Durham, North Carolina, Peter Millar is one of today’s fastest growing and most sought after brands in the lifestyle apparel market. Global distribution includes North America, Europe, Asia, Australia and the South Pacific.

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