Hook & Albert mens accessories gets big $

Steve’s breakdown: Detail Provisions Co.  just bought the group and we expect some marketing cash to be the next investment to create a multi-brand platform. Adam J. Schoenberg and Cory P. Rosenberg are co-founders & CEOs and can be reached at info@detailprovisions.com.

NEW YORKNY: Detail Provisions Co. (DPC), a Dallas based holding company, today announced the acquisition of HOOK & ALBERT, a global leader in innovative men’s accessories based in New York. The acquisition marks the first for DPC, a multi-brand men’s accessories platform established to support emerging brands and designers with strategic capital and infrastructure led by Paul Song, former executive of Cufflinks.com. HOOK & ALBERT co-founders Adam Schoenberg and Cory Rosenberg will continue to serve as CEOs of their brand, and will join Song in executive leadership in the larger entity.

“Creating a brand that rises above the fold is a major accomplishment,” says Paul Song. “Continuing that growth provides a whole new set of challenges. The objective of Detail Provisions is to strategically support talented designers, with operational excellence, industry expertise, and capital.”

Headquartered in Dallas, DPC is a multi-brand capital and operational support platform devoted to the men’s accessory space. It will provide a strong financial infrastructure, fulfillment center, and the highest quality sales and support for HOOK & ALBERT, which will retain its bi-coastal operations from both Los Angeles and New York City. HOOK & ALBERT will maintain operational independence while leveraging DPC’s resources and capabilities to scale its business.

“The rapidly changing fashion landscape and neglect from venture capital has stifled young designers,” said Cory Rosenberg. “We see DPC as a turn-key fashion accelerator that will help unleash the best budding fashion brands and deliver an exceptional product and experience to the customer.”

By providing working capital, strategy, and operational framework, DPC will facilitate an immense shift in the growth of brands, from being reactionary to proactive. Moving forward, DPC will review acquisition candidates from various categories including jewelry, home goods, cosmetics footwear and more. DPC is interested in a broad range of size businesses that have founders that seek both short and long-term success.

“By offering a complete end-to-end fulfillment, operations, financing, marketing and branding solution, we will help excellent small to mid-sized brands break through,” said Adam Schoenberg.  “We are identifying brands with huge potential that fit with our DNA, with a view of investing in them and integrating them into our ecosystem.”

To learn more about DPC please contact info@detailprovisions.com.

ABOUT DETAIL PROVISIONS COMPANY
DETAIL PROVISIONS CO. is a multi-brand platform with a mission to provide a growth foundation for truly exceptional brands and designers in the men’s accessory space. By providing visionaries and entrepreneurs with a comprehensive support system that includes strategic capital, financial infrastructure, management and logistical operations support, Detail Provisions creates a fortified path that enables significant brand growth. Created to address the daily challenges and growing pains behind the work of flourishing young brands, the goal of DPC is to enable talented designers to concentrate on what they do best. The brands of DPC focus on the details of dressing that ultimately create the best-dressed man in a room.

ABOUT HOOK & ALBERT
HOOK & ALBERT is a leading men’s accessories brand based in the United States. Founded by Adam Schoenberg and Cory Rosenberg in the fall of 2011, the brand has been redefining sartorial accessories for men in a modern way while leading the industry with innovation. A fresh take on men’s accessories, many of their designs started some of the biggest trends in the US menswear market, leading to global distribution, major brand collaborations and celebrity endorsements. HOOK & ALBERT serves customers through hookandalbert.com and has partnerships with leading retailers in the U.S., Canada, and Asia.

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