Kellwood Holding LLC Acquires Parker

Parker Dress, Kellwood Holding LLC
Kellwood Holding LLC, parent company of Kellwood Co., has acquired the contemporary clothing label Parker. The six year old brand is headed by: Howard Highman, chief executive officer; Laurieanne Gilner, lead designer; and Derek Farrar, production head. Parker is carried by retailers such as: Bloomingdale’s, Saks Fifth Avenue, Neiman Marcus and Nordstrom. The collection focuses on dresses, tops, bottoms, jackets, jumpers and rompers at a sweet spot of $298 retail. Expansion of the brand could include a more casual side including denim, footwear, swimwear, intimate apparel and handbags.
–Rachel Bogo
Source: WWD

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