Marking its fourth acquisition in three years New York-based Wear Me Apparel LLC, aka apparel licensee Kids Headquarters, snapped up sleepwear manufacturer Dream Apparel Group late last week.
Clifton, New Jersey’s Dream Apparel holds children’s sleepwear licenses to Disney, Nickelodeon, NASCAR, Fisher-Price, Hershey and Tootsie Roll properties, in addition to its own Tickle Me, Tackle Me, Dream Apparel, PJ & Me and Dream Xtreme brands.
Wear Me Apparel/Kids Headquarters, for its part, was founded in 1972 and is owned and managed by chairman and CEO Arthur Rabin and president Jason Rabin. The company boasts annual sales in excess of US$875 million and has children’s wear licenses for majors like Disney, Nickelodeon and Marvel along with proprietary and private label brands.
Terms of the deal were not disclosed. Dream Apparel joins Allison Manufacturing, Heyman Corp. and Happy Kids under the Kids Headquarter banner.