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Ben Nadorf purchased 50% of Everlast Sports Mfg. Corp in 1958 and became sole owner in 1995. In 2000, the company was acquired by George Horowitz's Active Apparel Group, [1] which had manufactured men's and women's sportswear under license for Everlast, [4] and in 2007, Sports Direct acquired Everlast Worldwide. [3] [5] [6]
At one time, BIKE produced athletic shoes and a wider range of sports-related apparel. In 2001, Bike was the official helmet supplier of the XFL American football league. Almost every player in the XFL wore a helmet made by the company. In 2003, Bike was part of the Russell Corporation, which is a subsidiary of Berkshire Hathaway.
In 2017, Canadian company Gildan Activewear acquired American clothing company American Apparel for $88 million. [15] In 2021, Gildan acquired 100 percent of the equity interests of Phoenix Sanford, LLC. [16] On 11 December 2023, Glenn J. Chamandy left his position as president and chief executive officer and director of the company.
Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, which it partners with other companies to license and merchandise . [ 2 ]
In April 2011, American Apparel confirmed that it had secured $14.9 million (~$19.9 million in 2023) by selling some 15.8 million shares of common stock at 90 cents a share to a group of Canadian investors led by Michael Serruya and Delavaco Capital. The investors also received warrants to buy as much as 27.4 million additional shares.
On June 7, 2017, parent company PVH announced that it has reached a licensing agreement with Adjmi Apparel Group subsidiary Sports Products of America to manufacture women's sportswear, golfwear, and activewear under the Izod brand beginning February 2018, thus signifying Izod's return to the women's clothing market. [5]
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