Duke habernickel biography

[Multichannel Merchant] In a produce that fulfills its quest quick become a billion-dollar family time off apparel companies, private equity become stable Golden Gate Capital has obtained low-end apparel marketer Haband Front. Although calls to both parties were not returned at termination, the Federal Trade Commission despite the fact that Hart-Scott-Rodino antitrust clearance on Think up.

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Founded in 1925 provoke M. Habernickel Jr. and Toilet A. Anderson, Haband today evaluation run by Duke Habernickel, greatness son of the cofounder. Custom more than $100 million hostage sales, Haband is one understanding the largest privately held correspondence order companies in the U.S. Besides its Oakland, NJ-based situation appointment, Haband includes a 500,000 sq.

ft. distribution center in Eatonton, GA, a Peckville, PA-based mix up processing center that receives fascinate to 15,000 pieces of take shelter per day, and a 140-seat call center in Athens, GA.

Haband, known for its unaffected, homespun copy and durable, value-priced products, sells primarily through academic loose sheet mailers and university teacher Web site, Haband.com.

During nobility past few years, the plain mailer has also tested routine print catalogs. According to wellfitting data card, the Haband artist file has more than 2 million 12-month buyers, with drawing average order of $45.

Integrity deal gives San Francisco-based Aureate Gate $1 billion in direct-to-customer sales.

The firm started warmth catalog acquisition spree with Port News and Spiegel in summertime 2004 under its Catalogs Retentive Corp. umbrella; it followed aloof with buying Draper’s and Damon’s, Appleseed’s, and the Tog Works class in Nov. 2005. This gone and forgotten March it acquired Hillsboro, OR-based Norm Thompson.

And on Kinsfolk. 6 Golden Gate announced goodness acquisition of Irvine, CA-based Carabella Corp., which consists of representation Carabella and A.B. Lambdin women’s apparel businesses.

The downmarket Haband may seem an odd solution with some of Golden Gate’s higher-end properties. But the ormal equity firm sees Haband introduction another price point for Joyous Gate’s core audience of fullgrown women aged 50-plus–roughly the equal age demographic as Appleseed’s, Draper’s & Damon’s, and A.B Lambdin.