Gant (company)

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Gant
Maus Frères
Websitewww.gant.com

Gant Inc., stylized as GANT, is a Swedish clothing retailer with American roots, headquartered in

New Haven, Connecticut.[2] Gant operates in 70 markets and its products are available at over 4000 retailers and exclusive stores all over the world.[3] "House of Gant" has three different collections: GANT, GANT Diamond G and GANT Rugger.[4]

History

Bernard Gantmacher arrived in

Myropil, Russian Empire (now Ukraine). Gantmacher was employed at a garment factory sewing shirt collars and met his future wife, Rebecca Rose, a button and buttonhole specialist who worked for the same company. After Gantmacher's return from military service during World War I, the couple married and founded the Par-Ex Shirt Company with business partner Morris Shapiro. The company made shirts for brands including Brooks Brothers, J. Press and Manhattan.[5][6] In 1927, the company was relocated to New Haven, Connecticut.[7] In April 1949, the Gant label was launched.[8] Following their father's death in 1955, Bernard's sons took over the company's operations.[7]

GANT dress shirts were known for their back-collar button, locker loop and

box pleat.[8][7] In the 1960s, Gant made the Yale co-op shirt exclusively for the store on the Yale University campus.[9] Shirts from Gant and rival Sero were de rigueur for high-school and college-age males who could afford their premium price during the decade. In 1968, the Gant brothers sold the company to Consolidated Foods but remained with the company.[7][10] In 1971, the company launched its first sportswear line and in 1974 launched its Rugger brand.[10][11] In 1979, Gant became a subsidiary of apparel manufacturer The Palm Beach Company and ceased operations in New Haven.[5]

In the early 1980s, Gant entered the international market when Pyramid Sportswear of

Phillips-Van Heusen acquired the Gant brand in the U.S. from bankrupt sportswear manufacturer, Crystal Brands, Inc.[12][13] In 1997, Gant opened its first store in the United States.[14] Phillips-Van Heusen sold its Gant operations in 1999 to Pyramid Sportswear of Sweden for $71 million.[15]

In the spring of 2006, Gant became a

delisted 20 March 2008[17] upon being acquired by the Swiss retail group Maus Frères.[18][19] In November 2010, Gant returned to New Haven, where it opened a retail store.[5]

References

  1. ^ Hut, Esther (December 2019). "Gant appoints Patrik Söderström as new CEO". Fashion United. Retrieved 2 March 2020.
  2. ^ "Born in 1949". Gant. Retrieved 12 June 2016.
  3. ^ "Gant Stores". Sportswear International. Retrieved 3 March 2020.
  4. ^ Gropler, Melanie (September 2015). "Gant CEO: "We are born and known as shirtmakers"". Sportswear International. Retrieved 2 March 2020.
  5. ^ a b c Baruzzi, Cara (16 October 2010). "Gant Returns to New Haven; Downtown Retail Store to Open This Fall". New Haven Register. Retrieved 17 June 2016.
  6. ^ "The Start of a Long Journey". Gant. Retrieved 17 June 2016.
  7. ^ a b c d Roberts, Sam (18 March 2016). "Elliot Gant, Marketer of the Button-Down Shirt, Dies at 89". The New York Times. Retrieved 12 June 2016.
  8. ^ a b Kamen, Paddy (14 November 2012). "Gant: The Hip and Historical Brand". Envision Magazine. Retrieved 17 June 2016.
  9. ^ Crawford, Sarah. "The Gant Yale Co-Op Shirt". The Man Has Style. Retrieved 17 June 2016.
  10. ^ a b Gropler, Melanie (18 March 2016). "Co-Founder of Gant Elliot Gant Has Died". Sportswear International. Retrieved 17 June 2016.
  11. ^ Anyanwu, Obi (17 March 2016). "Gant Co-Founder Elliot Gant Passes Away at 89". FashionMag. Retrieved 17 June 2016.
  12. ^ "Crystal Brands, Inc. History". Funding Universe. Retrieved 17 June 2016.
  13. ^ "Phillips-Van Heusen Corporation History". Funding Universe. Retrieved 17 June 2016.
  14. ^ Foderaro, Lisa (19 November 1997). "Metro Business; For American Chain, Its First U.S. Store". The New York Times. Retrieved 17 June 2016.
  15. ^ "Pyramid Partners Collar Grant: Phillips-Van Heusen Corp..." The Chicago Tribune. 24 February 1999. Retrieved 17 June 2016.
  16. ^ "OMX: Gant Ready for Listing on the Nordic Exchange in Stockholm". Finanz Nachrichten. 28 March 2006. Retrieved 17 June 2016.
  17. ^ "Delisting of Gant". MarketWired. 25 February 2008. Retrieved 17 June 2016.
  18. ^ Shields, Amy (1 February 2008). "Maus Frères acquires Gant". Retail Week. Retrieved 17 June 2016.
  19. ^ Ibison, David (30 January 2008). "Maus Frères Acquires Gant". Financial Times. Retrieved 17 June 2016.

External links