Retail Industry
Industry: Email Alert RSS FeedPENTLAND ACQUIRES HUNTER BOOT BRAND.(Hunter Boot Ltd.)(Brief article)
Footwear News, June, 2006 by Schneider-Levy, Barbara
Byline: BARBARA SCHNEIDER-LEVY
NEW YORK - Pentland Group has added another footwear brand to its rapidly growing stable.
The company revealed last week it has acquired a substantial stake in Hunter Boot Ltd., recognized globally for its iconic green Wellington boots. (The company declared the equivalent of Chapter 11 bankruptcy in the U.K. in March.)
Pentland's acquisition coincides with Scotland-based Hunter's 150th anniversary, and marks the brand's first major push into the U.S. market.
"We want to develop the same following [for Hunter] in the States as in the U.K., where everyone has a natural association with rubber boots and Hunter," said Mark Trueman, president of the company's U.S. arm, Hunter of Scotland Ltd., based in...
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