Wear Me Apparel LLC d/b/a Kids Headquarters, a
leading diversified children's wholesale apparel designer and marketer
has completed the acquisition of the business and certain assets of
Dream Apparel Group, LLC.
Dream Apparel designs and markets children's
sleepwear under various licensed brands including Disney, Nickelodeon,
NASCAR, Fisher-Price, Hershey, Tootsie Roll as well as owned trademarks
such as Tickle Me, Tackle Me, Dream Apparel, PJ & Me and Dream Xtreme.
The company was founded by Karen and Paul Leopold in 1999. Both
principals will continue with the business under Kids Headquarters
umbrella, working in partnership with Andrew Azoulay, who manages Kids
Headquarters' existing sleepwear business.
Wear Me Apparel/Kids Headquarters was founded in 1972 and is principally
owned and managed by Chairman & CEO Arthur Rabin and President, Jason
Rabin. The company (with annual sales in excess of $875 million),
designs and markets a broad range of children's wear under a diversified
portfolio of licensed, proprietary and private label brands sold through
multiple retail channels. The company's portfolio consists of: i)
licensed brands such as Calvin Klein, Ecko Unltd, Hurley, Rocawear, and
Timberland, ii) multi-property character licenses with Disney, Marvel
and Nickelodeon and property-specific licenses with Warner Entertainment
and Universal, iii) proprietary Kid's Headquarters and KHQ brands, and
iv) private label programs.
Karen Leopold, president of Dream Apparel stated
From the time Paul and
I met Artie and Jason we were instantly attracted to their energy level,
creativity and management style. The combination of Dream Apparel with
Kids Headquarters will create an extraordinarily dynamic children's
Jason Rabin, President of Kids Headquarters added
Kids Headquarters has
recently built a substantial presence in the children's licensed
sleepwear business. The synergistic acquisition of Dream Apparel and its
management team will help catapult Kids Headquarters to a position of
leadership in this market segment. The entire Kids Headquarters
welcomes Karen, Paul and their team to the Kids Headquarters
Marketing Management Group acted as exclusive financial advisor to Wear
Me Apparel, LLC.
This acquisition is Kids Headquarters' fourth acquisition in the past
three years, following the purchases of Allison Manufacturing, Heyman
Corp., and Happy Kids. The company
continues to seek additional acquisition opportunities.