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Nautica

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Nautica
IndustryApparel/Clothing/Fashion
Founded1983; 41 years ago (1983)
FounderDavid Chu
HeadquartersNew York City, U.S.
ProductsSemi-premium men's, women's, children's apparel and accessories, home, watches, fragrance
ParentAuthentic Brands Group
DivisionsNautica Sportswear, Nautica Jeans Company
Websitewww.nautica.com

Nautica is a semi-premium American apparel brand of Authentic Brands Group featuring primarily men's, women's, children's apparel and accessories, as well as home, watches, and fragrance. Nautica was founded in 1983 by clothing designer David Chu and a partner. It was purchased for cash and stock in 1984 by State-O-Maine, a New York-based apparel company. State-O-Maine changed its name to Nautica in 1994. VF Corporation purchased Nautica in 2003.[1]

Nautica took its name from the Latin word nauticus - which comes from the Greek word ναυτικός - for naval and in Italian language nautica means seamanship.

In March 2018, Authentic Brands Group announced that they would acquire Nautica from VF Corporation.[2] The sale was completed on April 30, 2018.[3] Since being acquired by ABG, the brand has been repositioned downmarket as an upper mid-range brand, being priced slightly above PVH's Izod and Ralph Lauren Corporation's Chaps brands, but below PVH's Tommy Hilfiger and Ralph Lauren Corporation's Polo Ralph Lauren brands.

References

  1. ^ "Reference for Business - Nautica Enterprises, Inc". 2001. Retrieved 2011-02-20.
  2. ^ Howland, Daphne (2018-03-19). "Authentic Brands snaps up Nautica from VF". Retail Dive. Retrieved 2018-03-22.
  3. ^ "VF Corporation Completes the Sale of Its Nautica® Brand Business to Authentic Brands Group, LLC". Business Wire. 2018-04-30. Retrieved 2018-05-17.


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