American Exchange acquires Island Surf Company – Notice Important Online

American Exchange Group declared on weekday its acquisition of unplanned covering brand, Island Surf Company.

Financial cost of the care were not disclosed.

Under the agreement, Island Surf Company module embellish a sectionalization of White Mountain Footwear, a sort that dweller Exchange acquired in January terminal year.

The coastal-inspired covering sort module goodness from the Massachusetts-headquartered White Mountain’s ingrained infrastructure, sourcing capabilities, retail partners and decades-long skillfulness in the industry. Joe O’Brien, the underway chair and CEO of Island Surf Company, module move to advance the brand, according to a advise release.

“We are agog to tie forces with dweller Exchange Group. This acquisition marks a newborn chapter for Island Surf Company, allowing us to modify our print and alter our coastal-inspired covering to a broader audience. We countenance nervy to investment our mutual strengths to compound our creation offerings and have surpassing continuance to our customers” said O’Brien.

Founded in 2008, Island Surf Company, which sells easy and unplanned position for men, women and kids, is currently oversubscribed at Amazon, Beall’s Department Stores, Beall’s Outlet, Boscov’s, TJX Group, Shoe Carnival, Shoe Show and more as substantially as via its sacred e-commerce site.

We wager large possibleness with the acquisition of Island Surf Company,” said Alen Mamrout, CEO of dweller Exchange Group.

“The activity between White Mountain and Island Surf Company module earmark us to alter the brand’s accomplish and alter it into a rank style brand. There are comprehensive opportunities to modify Island Surf Company into different categories finished strategic licensing, utilizing our mutual resources and skillfulness to tap its mart effect and appeal.”

The acquisition comes after dweller Exchange acquired jewelry company, Danecraft, along with its Primavera Italia brand, in Sept terminal year.