Cutter & Buck
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| CBUK (formerly Nasdaq) | |
| Industry | Sportswear |
| Founded | 1990 |
| Headquarters | , USA |
| Owner | New Wave Group AB |
| Website | www.cutterbuck.com |
Cutter & Buck (formerly Nasdaq: CBUK) 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 licensed sports, e-commerce, golf specialty, and corporate clothing markets in over forty 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.
Originally founded by Harvey Jones and Joey Rodolfo, Cutter & Buck's headquarters are now at 101 Elliott Avenue West in the Lower Queen Anne neighborhood of Seattle, Washington. From April 2, 2014, until present, Cutter & Buck's CEO is Joel Freet.
Wire Fraud
In 2003, Cutter & Buck's former CFO, Stephen S. Lowber, pleaded 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
- ^ "Former Cutter & Buck exec pleads guilty to wire fraud". Puget Sound Business Journal. August 7, 2003. Retrieved 2007-11-06.
External links
47°38′55″N 122°20′56″W / 47.648651°N 122.348944°W
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