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
