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Echo Design Group company history timeline

1923

On September 27, 1923, Edgar and Theresa Hyman were married.

The two got married at a courthouse on September 27, 1923, the same day that they launched their company.

1923” text on the bottom reflects Echo’s longtime headquarters in NYC. There have been about 20 variations of the logo so far—from a big print to a small one, to a combination of both.

1923: The company is founded.

1929

By 1929, Echo had established itself successfully in the marketplace, enabling the company to survive the Great Depression.

1956

In 1956, Paul Roberts, Edgar C. Hyman’s son-in-law, was tasked with transporting Echo’s fall line from the Italian factories back to New York.

1968

In 1968 a museum commissioned the company to create a commemorative scarf, and out of this assignment emerged a customer design division.

1973

In 1973 the company began to do some private-label work.

1978

But it was a cyclical business and the good times came to an end in 1978, followed by an equally long period of poor sales.

1983

1983: The company begins selling in Europe.

1984

A partnership was forged with Polo/Ralph Lauren in 1984 and Echo became the sole scarf licensee for all brands.

According to WWD, company sales totaled $8 million in 1984 and grew to the $50 million range by the end of the decade.

1986

In 1986 the company reorganized its marketing approach by creating three product groups, each targeting a different customer with a separate marketing campaign.

1987

In 1987 Echo also added a lower price point to the mix through a licensing agreement with Sarah Coventry, Inc.

1989

To help facilitate this move, the company began investing in computer-aided design (CAD), installing a lone work station in 1989.

1993

In 1993, in fact, Roberts and Williams would become co-presidents of the firm, although blood would in the end win out and Roberts ultimately emerged as the firm's lone president.

In 1993 Echo transferred its expertise to the home textile industry through several licenses.

1997

The company also grew through acquisition in 1997, when it acquired Schertz Umbrellas, a 50-year-old company that focused on men's umbrellas under the names Tundara, Travelaire, Jewels, and Weather Original.

1998

Coinciding with its 75th anniversary in 1998, the company also tried its hand at publishing.

In 1998 Echo secured a licensing agreement with leather goods maker Coach to make scarves and other accessories.

1999

1999: A retail store in Hong Kong opens.

2003

In 2003 Echo added to its home textile product offerings through a licensing agreement with Creative Bath Products, which would produce shower curtains, towels, bathroom accessories, and decorative pillows under the Echo Design Collection.

In 2003 Echo opened its first in-store shop in a Chicago Marshall Field's, a move that might lead to similar retail operations and perhaps, one day, freestanding stores.

2007

In 2007, Echo introduced our first beach collection featuring cover-ups and beach bags.

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Founded
1923
Company founded
Headquarters
New York, NY
Company headquarter
Founders
Kj Yoo
Company founders
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Echo Design Group history FAQs

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