Jump Design Group, a firm headed by Glenn Schlossberg announced that it had purchased Cathy Daniels, a company that specialized on the sportswear. Jump Design Group took all the Cathy Daniel’s assets immediately after the agreement was signed. According to the agreement, the sales team, as well as the factory groups at the Cathy Daniels, will continue working but under the Jump Design Group management. The former president of Cathy Daniels will also be given an important position at the new company.
The Chief Executive Officer of the Jump Design Group made it clear that they were not on a mission of acquiring all the companies that are not doing very well in the industry. Their intention was to get firms with sound business portfolio and then compliment them with their strategies, marketing as well as customer base.
Cathy Daniels was started as Eccobay by Herbert L. Chestler in the year 1972. The Launching of the Cathy Daniels label was done in the year 1984, some few years after Danny and Steve (sons of the founder) joined the team. Since then, the company has been growing and expanding steadily in the sportswear industry. Danny and Steve said that their father taught them about the business that was built on honesty, integrity, hard work as well as the commitment to producing the best products for the good of their customers.
Steve and Danny said that they were extremely proud that they have left a good legacy. They also said that they were pleased that the factory group will have a golden opportunity to continue working under the new leadership. They said that the next phase of the Cathy Daniels will be under Jump Design Group under the leadership of Glenn Schlossberg, Jerry Passaretti, and Ashesh Amin. They made it clear that they wish the new leaders all the best in their future endeavors.
More about Glenn Schlossberg
Glenn is the founder as well as the principal of the Jump Design Group. Since he joined the fashion industry in the 1990s, he has made several achievements. He started by putting the right measures in place to ensure that the company’s employees work to collaborate, produce, deliver, and design quality garments for their customers.