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Gant (retailer)

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Type
  
Private

Founder
  
Bernard Gantmacher

Number of locations
  
583 (2016)

Industry
  
Retail

Headquarters
  
Stockholm, Sweden

Key people
  
Patrik Nilsson CEO Brian Grevy, CMO Patrik Söderström, Global sales director

Gant, stylized as GANT, is an international clothing brand headquartered in Stockholm, Sweden. The company was founded in 1949 by Bernard Gantmacher and was originally based in New Haven, Connecticut.

Contents

Gant is recognized as the brand that brought button-down shirts to the mass-market. The company also introduced an award winning button tab and the "locker loop" to the back of its shirts.

Early history

Bernard Gantmacher arrived in New York City in 1914, a Jewish immigrant from Ukraine. Gantmacher was employed at a garment factory sewing shirt collars while he studied to be a pharmacist. A few years later, he met his future wife, Rebecca Rose, a button and buttonhole specialist who worked for the same company. After Gantmacher's return from military service during World War I, the couple married and founded the Par-Ex Shirt Company with business partner Morris Shapiro. The company made shirts for brands including Brooks Brothers, J. Press and Manhattan. In 1927, the company was relocated to New Haven, Connecticut. The couple had two children, Marty and Elliot born in 1921 and 1926, who upon completing their studies at the University of Connecticut returned to the family business and convinced their father to make shirts for his own brand. In April 1949, the GANT label was launched. Following their father's death in 1955, the Gant brothers took over the company's operations.

Gant dress shirts were popular among American male students in the early and mid 1960s. The shirts were known for their back-collar button, locker loop and box pleat. In the 1960s, Gant made the Yale co-op shirt exclusively for the store on the Yale University campus. In 1968, the Gant brothers sold the company to Consolidated Foods but remained with the company. In 1971, the company launched its first sportswear line and in 1974 launched its Rugger brand. In 1979, Gant became a subsidiary of apparel manufacturer The Palm Beach Company and ceased operations in New Haven.

1981-2000

In 1980/1981, Gant entered the international market when Pyramid Sportswear of Sweden was given the right to design and market Gant outside the U.S. Initially, Pyramid only offered the Gant label in Sweden but quickly expanded internationally. In 1995, Phillips-Van Heusen acquired the Gant brand in the U.S. from bankrupt sportswear manufacturer, Crystal Brands, Inc. In 1997, Gant opened its first store in the United States. Phillips-Van Heusen sold its Gant operations in 1999 to Pyramid Sportswear of Sweden for $71 million.

2001-current

With the purchase by Pyramid Sportswear, which became Gant Pyramid Aktiebolag, Gant became a global brand. In the spring of 2006, Gant became a public company and was listed on the Stockholm Stock Exchange's O-List until it was delisted March 20, 2008 when it was acquired by the Swiss retail group Maus Frères. In November 2010, Gant returned to New Haven, where it opened a retail store.

Operations

Gant operates in 70 countries and its products are available at 4,000 selected retailers and 583 Gant stores worldwide. The "House of Gant" fashion collections are subdivided into three lines, GANT, GANT Diamond G, and GANT Rugger.

References

Gant (retailer) Wikipedia