Cutter & Buck

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Cutter & Buck
Traded as CBUK (formerly Nasdaq)
Industry Golf clothing
Founded 1990
Headquarters Fremont, Seattle, Washington, USA
Owner New Wave Group AB
Slogan The genuine spirit of the Pacific Northwest.
Website www.cutterbuck.com

Cutter & Buck (formerly NASDAQCBUK) is a manufacturer of upscale clothing for golf and other sports. Founded in 1990, the company went public in 1995 and was sold to New Wave Group AB, a Swedish-based corporation, on April 13, 2007.

The company sells its products primarily in the golf and corporate clothing markets in over twenty-five countries around the world, and has been recognized for its sponsorship of Swedish golfer Annika Sörenstam. It also sells into the collegiate clothing market and in 2005, commenced a consumer-direct catalogue and e-commerce site. In the mid-nineties, Cutter & Buck became a founding member of the SA 8000 Social Accountability Platform, which holds its members to a code of conduct in outsourced manufacturing and domestic operations.

Initially co-founded by Jamie Cutter, in the English city of Norwich, Cutter & Buck's headquarters are now in the Fremont neighborhood of Seattle, Washington.

Wire Fraud[edit]

In 2003, Cutter & Buck's former CFO, Stephen S. Lowber, pled guilty to felony wire fraud relating to lying about the company's revenue in 2000. The Cutter & Buck corporation paid no fines for these misstatements; however, it did agree with the SEC to stronger accounting practices.[1]

Notes[edit]

  1. ^ "Former Cutter & Buck exec pleads guilty to wire fraud". Puget Sound Business Journal. August 7, 2003. Retrieved 2007-11-06. 

External links[edit]

Coordinates: 47°38′55″N 122°20′56″W / 47.648651°N 122.348944°W / 47.648651; -122.348944