US: Prospect Brands acquires Duck Head Apparel
Duck Head Apparel is one of the oldest clothing brands in the US
Duck Head Apparel, one of the oldest clothing brands in the US, has been acquired by private equity firm Prospect Brands for an undisclosed sum.
Founded in 1865, Duck Head originally used army surplus tents to make work clothing, later expanding into military uniforms. Today its range includes khaki trousers, shorts and casual wear.
Under its new owners, the company plans to offer a full lifestyle assortment to include khakis, knitwear, denim, wovens, sweaters, outerwear, T-shirts, headwear and accessories.
"It is rare in a career to be able to lead such an iconic American brand. I am honoured to help write the next chapter of Duck Head's history by adding the brand to our existing portfolio," said Tom Nolan, president and CEO of Prospect Brands.
Prospect Brands' portfolio also includes Gerbing, a wearable technology company specialising in heated apparel for a range of outdoor activities.
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