Hampshire signs licensing agreement with JA Apparel
The men's tops are expected to be launched in fall 2008 at an average retail price range of $50 to $90. The women's related separates business is slated for a spring 2009 debut. Michael Culang, acting president and CEO of Hampshire, said: "We are thrilled to be associated with JA Apparel Corporation and to join the team expanding this great brand. "This is a significant opportunity for Hampshire Group in that the marketing of the Joseph Abboud brand facilitates the extension of our men's selling season while concurrently diversifying our product offerings, thereby spurring growth for our company and greater market share for our men's and women's divisions. This is an impressive addition to our cache of brands, one that has generated excitement and anticipation throughout our entire organization."