Haggar Acquires Tribal Sportswear
Dallas-based Haggar Clothing Co. has acquired women’s sportswear manufacturer Tribal Sportswear, Montreal, from Kilmer Capital Fund L.P. for an undisclosed amount.
Tribal Sportswear, founded in 1976 as a women’s trouser company, sells its casualwear and careerwear in more than 2,000 specialty stores in North America. Haggar expects Tribal’s business to complement its own women’s business in Canada at Sears and The Bay, and help expand that business’s North American presence.
Tribal will retain its Montreal headquarters. Steven Richman has been named president of the new division and will work alongside Haggar Canada Co. President Brian Main.
“I am very excited that Haggar shares the same recognition of the unique position in the independent boutique channel that Tribal has earned,” Richman said. “Tribal’s strong position in the boutique channel is in many ways thanks to its dedicated and creative workforce. With Haggar’s vast resources, Tribal will be able to leverage and continue building and growing the brand.”