Kellwood Company Buys Hanna Andersson
Kellwood Company completes the purchase of Hanna Andersson Corporation, a brand in the specialty children's apparel market, for approximately $175 million. Hanna Andersson will function as its own operating division under the Kellwood umbrella. Kellwood Company, a $2 billion marketer of apparel and consumer soft goods, specializes in branded as well as private label product, and markets to all channels of distribution with product specific to a particular channel.