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Arena Brands, Inc. history
Arena Brands, Inc. company history timeline
The John B.Stetson Hat Div of Stevens Hat Manufacturing Co goes into bankruptcy on June 22, 1986.
Hicks Muse Tate & Furst acquired the Western-wear holding company in 1992 after the death of Irving Joel, the company's original Richmond, Va.-based owner.
1994 Hicks, Muse & Tate bought Irving Joel's interest in Hat Brands Inc after his death, & moved full operations from St Joseph, MO to Garland, TX within a couple of yrs.
By 1996, Hat Co. was $100 million in debt.
Tillotson would not reveal revenues and earnings for 1997, but he did say the private company turned its $100 million debt from a year before into a 10% profit.
Tillotson anticipates as much as $150 million in revenues at the end of 1998.
In 2006 Arena Brands main business remained the renamed RHE Hatco Div, & Luchesse Boot Co.
So in 2009 RHE Hatco was sold.
On May 21 2015, Hatco will celebrate 150 years of continuous manufacture of Stetson hats within the United States and accept honors extended by the Texas Manufacturing Assistance Center (TMAC) and the city of Garland during an event beginning at 12 p.m.
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