Chicago-based private equity firm Winona Capital has made a minority investment in menswear brand Rodd & Gunn.
“Winona is proud to partner with Mike Beagley and the rest of the Rodd & Gunn team,” says Luke Reese, Managing Director of Winona Capital, who will join the Rodd & Gunn Board of Directors.
“Rodd & Gunn is a leading brand with a proven record of retail success in New Zealand and Australia and a strong start in the North American market. We look forward to helping expand its North America presence,” says Reese.
With the brand’s heritage dating back to 1946, Rodd & Gunn’s philosophy is to create garments imbued with contemporary style that are designed to stand the test of time. Every Rodd & Gunn collection is built around authentic pieces that can be effortlessly styled. Exemplified by its slogan, “New Zealand escapism”, the Company aspires to create designs that will transport the consumer to a place that is both relaxed and authentic.
“We are excited to partner with Winona Capital given their track record of success with Peter Millar and KJUS,” says Mike Beagley, CEO of Rodd & Gunn. “Winona is a great match for Rodd & Gunn; their industry knowledge will be especially valuable as we embark on the next phase of our growth.”
