Hampshire Group CEO Heath Golden has left the company and resigned from its board, to be replaced by board member Paul Buxbaum.
NEW YORK—Hampshire Group has acquired Honduras-based knitwear manufacturer Rio Garment S. de R.L. for about $23 million. Rio, founded in 2006, designs and manufactures knit tops for U.S. retailers and distributors, including Aeropostale, its largest customer. Rio’s net sales last year were $57 million. Hampshire CEO Heath Golden commented, “This acquisition marks one of the [...]
NEW YORK—Hampshire Group, Ltd. announced that CFO Jonathan Norwood has resigned to take another job. He has agreed to stay on until April while company searches for a replacement. “Jonathan has been a valued member of the senior management team during his five-year tenure and played an important role as part of the executive team [...]