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Tata Accessories Globales, the world’s largest men’s and women’s belt factory and an affiliate of Randa Accessories, is expanding its facility by nearly one-third and beefing up its workforce. The move is intended to “meet the growing demand for accessories’ top-performing category,” the company said.
As part of the expansion, Tata has invested in new state-of-the-art equipment and technologies to improve the quality of the product, speed up production and reduce costs.
“Due to our success over the last few years, we are increasing our facility footprint by 30 percent, nearly doubling our workforce, and exploding our annual production capacity to 18 million belts,” said Rodrigo Toledo, president of Tata. The company will now employ more than 1,000 people.
Because of its location in Guatemala, Tata also provides an option for North American brands and retailers seeking the benefits of nearshoring. Manufacturing in that country takes advantage of the Central America Free Trade Agreement, which does not levy duty or tariffs on products imported into the U.S. It also cuts shipping time to one week from the four or more required to import product from Asia.
“Tata provides our retail and brand partners with a competitive advantage,” said Judy Person, executive vice president and
Nick Graham is bringing his distinct fashion sensibility to men’s socks.
The designer has teamed with McGregor Industries Inc., the Toronto-based hosiery company known in the U.S. and internationally as American Essentials Inc., to create the Nick Graham hosiery collection. The line will be in stores for fall.
“I’m excited about the opportunity to expand into hosiery, and as we simultaneously roll out our underwear collection, we can get dominant placement in the men’s furnishings departments and e-com in the U.S. and Canadian markets,” Graham said. “And given McGregor/American Essentials’ global reach, this will also open new markets for us. I couldn’t be happier to partner with such an amazing team that totally gets my brand and has such a dominant position in the market.”
Graham, founder of Joe Boxer, established his eponymous men’s wear brand in 2014 and launched underwear and loungewear for holiday. In August, Tharanco Group Inc. acquired the majority stake formerly held by Iconix Brand Group. The new owners said they will partner with NGL, Graham’s sales and marketing company, to distribute the brand’s collection of men’s dress shirts and furnishings, expand into other categories and bring the label to overseas markets this year. The line also includes tailored clothing, outerwear and
NEW YORK — Untuckit is an old-fashioned feel-good American success story.
Two business school buddies with not a stitch of fashion industry experience started a company in 2011 to provide a solution to a problem they saw in the men’s apparel market: button-down shirts that looked and fit properly when worn untucked.
The business launched as strictly an online play with just the one signature product and financed with $ 150,000 raised from friends and family. They came up with a signature sail insignia for the tail of the shirts and it was off to the races.
By last June, Untuckit had attracted the attention of California venture capital firm Kleiner Perkins, which invested $ 30 million to fund the company’s growth.
Since its founding, Chris Riccobono, executive chairman, and his partner Aaron Sanandres, chief executive officer, have expanded into a range of men’s categories including polos, sweaters, sweatshirts, shorts and even sport coats as well as women’s wear and shoes. And Untuckit also operates 18 stores around the country.
Today, the brand will introduce its children’s collection, followed by men’s pants on Nov. 14. And by the first week in December, the company will increase its owned store count to 25, including three more units in
Xcel Brands Inc. has signed a deal with Stars Design Group Inc. to manufacture its men’s wear collections, and the brand management firm has named Neal Kusnetz president of men’s wear.
In his new role, Kusnetz will oversee licensing and growth of the men’s wear business for Xcel and he will serve as president of Stars Design Group’s men’s retail division, the oversight for sales efforts in connection with Xcel’s men’s products. Prior to joining Xcel, Kusnetz was partner and senior adviser of The Convergence Lab, a business development firm and consultancy think tank focused on technology, media and retail. Prior to that, he cofounded luxury men’s lifestyle and fashion brand Robert Graham, where he served as the brand’s president for almost 15 years.
The initial efforts in men’s will include men’s wear offerings for the H Halston and Highline Collective — the Millennial-focused brand — exclusively at Lord & Taylor and at Hudson’s Bay.
Robert D’Loren, chairman and chief executive officer of Xcel Brands, believes Kusnetz’s expertise will help accelerate the company’s success in the category.
Bret Schnitker, ceo and president of Stars Design, said, “We are encouraged by the success that Xcel has achieved to date and the positive impact [the company’s]
U.S. airlines are set to meet with national security officials as the government considers expanding a laptop ban in aircraft cabins to include some routes between the U.S. and Europe.
WSJ.com: US Business
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The Michael Strahan franchise at J.C. Penney Co. Inc. continues to expand.
Next week, the retailer’s proprietary MSX by Michael Strahan collection will expand into underwear. The offering will include briefs, boxer briefs, long-leg boxer briefs, crewneck tees, v-neck tees and tank tops in a stretch cotton fabric. The line will have mesh breathable gussets on the boxer briefs, soft waistbands and no tags.
They will be sold in the underwear department of 500 Penney’s stores as well as online and will retail from $ 18 to $ 40 in small through 4XL.
“We expanded MSX by Michael Strahan into underwear and undershirts because it’s important to be comfortable, and stylish, everywhere,” Strahan said. “The product is extremely soft and features a high-quality cotton stretch that is both supportive and breathable, allowing for constant comfort.”
John Tighe, chief merchant, added: “Men have responded extremely well to the style and design of Michael Strahan’s brands, found only at J.C. Penney. He’s a valuable design partner and continues to give shoppers a reason to buy with us, which is why we decided to expand our partnership into briefs, boxers and undershirts. Our design and sourcing teams were able to incorporate premium, comfort-stretch fabrics, in manly colors, at an
Ellen DeGeneres has signed social-media star Tyler Oakley to a content-development pact, as part of the talk-show host and comedian’s new plan to grow her already enormous digital empire. The deal with Oakley comes with the launch of the Ellen Digital Network, a new umbrella brand encompassing all of her online content that will combine original… Read more »
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Two great books in one featuring magic, mix-ups and muddles! Join Ruby, Jackson and Thing on not one but two great adventures in this brilliant bumper book. See what havoc Thing causes when Ruby and Jackson sneak it along on a trip to the petting zoo in The Great Expanding Guinea Pig . And in a seasonal spectacular, Thing helps Ruby and Jackson defeat some nasty bullies in Beware of the Snowblobs!