May 2012 Summary: Russell Brands, LLC is a Fruit of the Loom company
headquartered in Bowling Green, Kentucky. For more than 100 years, Russell
Athletic has supplied America's athletes and teams with the latest innovations
in sports apparel. Russell Athletic is also a leading supplier of team uniforms
at the high school, college and professional level. Russell Athletic active
wear and college licensed products are distributed and marketed through
department stores, sports specialty stores, retail chains and college bookstores
around the country.
On April 17, 2006, Berkshire Hathaway
agreed to purchase 100% of Russell. Finally on August 1, 2006, Russell shareholders
approved the sale of their firm to Berkshire Hathaway for $18.00 per share
in cash. The acquisition was successfully completed on the following day.
Russell's brands joined Fruit of the Loom in the Berkshire Hathaway family
of products. Russell Athletic is the main brand of the Russell Brands,
LLC.. Founded in 1902, the company produces uniforms for a wide range of
sports, such as American football, basketball, baseball, softball and volleyball.
Having supplied jersey uniforms and apparel for many teams within the United
States in the past, Russell is also focused in Universities and minor leagues.
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