Peter Millar (company)
| Private | |
| Industry |
|
| Founded |
Raleigh, North Carolina (2001) |
| Headquarters | Raleigh, United States |
|
Area served
|
Worldwide |
|
Key people
|
Scott Mahoney, CEO |
| Parent | Richemont |
| Website | www |
Peter Millar is a premium American lifestyle brand founded in 2001 with a single cashmere sweater and has expanded to a wide range of casual sportswear, tailored dress furnishings, and luxury and performance golf attire for men and women. The company maintains its headquarters in Raleigh, North Carolina, and is a wholly owned subsidiary of Compagnie Financière Richemont SA.
Peter Millar was founded in 2001 by Greg Oakley, Chet Sikorsky and Chris Knott. The company’s name was inspired by an inscription Knott discovered on an antique lawn bowling ball given to him by his mother. In 2005, Scott Mahoney, former executive at Polo Ralph Lauren, teamed with Sea Island Company to purchase Peter Millar and then took leadership as Chief Executive Officer.[3]
In 2007, Peter Millar signed a license agreement with Empire Clothing of Canada for manufacturing and distribution of Peter Millar’s tailored clothing line.
In 2009, Winona Capital Management, a Chicago-based private equity firm, purchased a majority interest in Peter Millar from the Sea Island Company.
Todd Martin, president of Peter Millar Golf, joined the team in January 2010 with over 16 years of experience in the better golf apparel market, formerly serving as president of Fairway & Greene Inc.
In 2011, Peter Millar moved its design and marketing headquarters to a new showroom in downtown Raleigh, NC, and opened a warehouse space and offices in Durham, NC.
In 2012, Peter Millar was acquired by Richemont SA, a Swiss-based luxury goods holding company whose brands include Cartier (jeweler), Van Cleef & Arpels, Montblanc (company), Vacheron Constantin, and Jaeger-LeCoultre.[4] Executive Scott Ruerup, former vice president of sales at Hickey Freeman, joined the team the same year, eventually taking a role as president of Peter Millar Collection.
In March 2015, founder Chris Knott announced his retirement.[5]
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Wikipedia