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Hampshire Group Amends Rio Garments Deal

In News by Harry Sheff

Hampshire Group, which announced in April that it would sell its Honduras-based Rio Garments business to the factory’s management, says it has amended the deal to accommodate the buyers. The management group, which includes Rio president David Gren, has had some changes in financing with their bank in Honduras. Under …

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Hampshire Group is Selling its Rio Garment Business

In News by Harry Sheff

Hampshire Group is selling the Honduras-based knitwear manufacturer that it acquired for $23 million in 2011. A group led by Rio Garment’s management is buying the business from Hampshire for $6 million “plus the existing accounts receivable and certain other assets of Rio totaling approximately $5.0 million,” the companies said. …

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Robert Talbott up for sale?

In News by Harry SheffLeave a Comment

CARMEL VALLEY, Calif.—Luxury furnishings brand Robert Talbott is up for sale and Hampshire Group and HMX are among the bidders, according to market sources. Hampshire Group, a mid-market knitwear and sportswear manufacturer, is apparently the front runner. Sources say that talks between Robert Talbott owner Robb Talbott and PVH broke …