Friday, February 15, 2013
Cutter & Buck to Open Canadian Distribution Office
(SEATTLE) — Seattle-based clothing company Cutter & Buck, and Toronto-based Caulfeild Apparel Group Limited have agreed to end their Canadian License Agreement after a 20 year business relationship. Cutter & Buck’s parent company, New Wave Group, will be assuming management of the brand as of July 1, 2013, with a base of sales operations in a new showroom office in Toronto.
New Wave Group AB (NEWAb.ST) recently made significant investments into its Canadian operations, including the acquisition of Paris Glove in 2011. This provided an established base of entry in Canada for other New Wave products and the merging of Cutter & Buck into New Wave’s Canadian division was the next logical step towards further business growth.
For additional information on Cutter & Buck products, contact Cutter & Buck at (800) 713-7810 or visit its website at www.cutterbuck.com.