The Herman Kay/Bromley Group has acquired Aberdeen Sportswear, adding a major men's outerwear component to its base in women's outerwear.

Terms of the transaction between the two privately held firms weren't disclosed. Joel Stolz, former owner of Aberdeen, will continue to run the Aberdeen men's operation and will report to Richard and Barry Kay, co-presidents of the acquirer.

Barry Kay said that Aberdeen's offices in New York have been closed and the two firms now occupy an expanded, 40,000-square-foot space in Herman Kay's headquarters at 463 Seventh Avenue in New York.

Aberdeen will continue to source and market men's and boys' outerwear under the Aberdeen, Perry Ellis and Rockport brands, but it will also become the in-house specialists for London Fog outerwear for males.

Herman Kay picked up the license for all London Fog women's and men's outerwear, including raincoats and topcoats, from Iconix Brand Group, which earlier acquired rights to the trademark for US$37.5m in cash and stock.

Kay/Bromley women's outerwear under the Avanti, Jones New York and XOXO brands.
 
By Arnold J Karr.