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Members Only is an American brand of clothing that became popular in the 1980s with its line of jackets. [1] The brand was created in 1975 [ 2 ] by men's clothing entrepreneur Herb Goldsmith [ 3 ] and first introduced to domestic American markets in 1980 by Europe Craft Imports. [ 1 ]
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The company launched a fourth catalog title, Milepost Four, targeting men. The title was sold to another company a few years later. [1] In 1997 the company raised $37.5 million through an IPO. Dennis and Ann Pence retained 75% ownership of the company. By that year 10% of the company's sales were coming from Japan and Canada. [1]
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