Who owns Carters?
Carter’s, Inc. is a major American designer and marketer of children’s apparel. As of 2019, it was reported that Carter’s accounted for around one-quarter of all sales both for the children’s sleepwear market and for clothes for the newborn to two-year-old age group. Who owns Carters? Carter’s is the leading brand of children’s clothing, gifts,…
Carter’s, Inc. is a major American designer and marketer of children’s apparel. As of 2019, it was reported that Carter’s accounted for around one-quarter of all sales both for the children’s sleepwear market and for clothes for the newborn to two-year-old age group.
Who owns Carters?
Carter’s is the leading brand of children’s clothing, gifts, and accessories in America, selling more than 10 products for every child born in the U.S. William Carter was the founder of William Carter Company in 1865 in Needham, Massachusetts. William Carter (1830–1918) was born in Alfreton, Derbyshire, England. He arrived in America on January 28, 1857. He married Martha Lee (1842-1873).
In February 2017, Carter’s, Inc. acquired Skip Hop Inc., an infant and child product company based in New York, for $140 million in cash and up to $10 million in future payments contingent on reaching certain financial goals in 2017. Fireman Capital Partners, a private equity firm, had previously acquired a majority equity stake in Skip Hop Inc.
The Vanguard Group, Inc. BlackRock Institutional Trust Company, N.A. AllianceBernstein L.P. are the major Shareholders in Carter. The Company owns the Carter’s and OshKosh B’gosh brands, two of the most recognized brands in the marketplace.
