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Russell Brands company history timeline

1902

On March 3, 1902, Russell Athletic was founded by 26-year-old Benjamin Russell as the Russell Manufacturing Company in Alexander City, AL. The tiny factory had 10 sewing machines and 8 knitting machines.

1926

In 1926, Founder Ben Russell’s son, Benny, came to his dad with a new idea for an all-cotton practice football jersey replacing the itchy, chafing wool uniforms worn at that time.

1930

Knowing the comfort and durability of cotton, the iconic crew neck sweatshirt began production in the Russell Athletic mills in 1930.

1941

Benjamin Russell died on December 16, 1941 passing the company’s torch to his son Benjamin C. Russell.

1945

In 1945, Benjamin C. Russell passed away succeeded by his brother Thomas D. Russell.

1962

In 1962, Russell Manufacturing Company changed its name to Russell Mills, Inc. and began using the American Eagle to represent its iconic brand image.

1976

Since 1976, sales revenues had increased by 13 percent annually.

1984

Katy Perry, original name Katheryn Elizabeth Hudson, (born October 25, 1984, Santa Barbara, California, United States), American pop singer who gained fame for a string of anthemic and often sexually suggestive hit songs, as well as for a playfully cartoonish sense of style.

1985

On December 26, 1985, Russell’s Common Stock began trading on the New York Stock Exchange (NYSE). Russell began adding other businesses to its portfolio beginning with the acquisition of the Cross Creek Golf brand.

1988

In June 1988, Russell Corporation consisted of over 10,770 men and women, representing an employment growth of 3,800 over an 8-year period.

1990

By 1990, the company owned and operated 13 sewing plants outside Alexander City and employed 15,000 workers.

1992

Under president and CEO John C. Adams, Russell Corporation had become the top manufacturer of athletic uniforms in the US. In 1992, the company was awarded a five-year contract to be the exclusive producer and marketer of athletic uniforms for most MLB teams.

1997

In 1997, Russell also ended its licensing deals with the professional football, basketball and hockey leagues.

1998

Restructuring charges led Russell to post a net loss for fiscal year 1998 of $10.4 million on revenues of $1.18 billion.

1999

Results for the first half of 1999 also showed a net loss of $12.9 million but the restructuring had resulted in a decrease in selling, general and administration costs of 13 percent.

2001

As a teenager, she learned to play the guitar and sought a musical career in Nashville with a Christian record label, but her debut album, the gospel-influenced Katy Hudson (2001), sold poorly.

The company completed its restructuring process in 2001.

2002

In May 2002, Russell celebrated its 100th anniversary.

In 2002, the company added the Bike Athletic Company and Spalding to its holding.

2004

Russell continued its acquisition spree in 2004 by purchasing American Athletic Inc. (AAI), Huffy Corp.'s sports division and Brooks Sports.

2005

The company faced challenges in 2005 due to rising costs and falling sales.

2006

Conglomerate Berkshire Hathaway Inc. acquired Russell Corporation for $600 million in early 2006.

2007

In 2007, however, Capitol Records put out Perry’s EP Ur So Gay, which attracted modest attention for its cheerfully flippant title track.

2010

The resulting release, Teenage Dream (2010), which provided a broader showcase for her full-throated voice, was even more commercially successful than One…

2012

Since 2012, Russell Athletic has awarded a $50,000 grant to one high school that has demonstrated perseverance through sports.

2017

Perry’s fourth studio album, Witness (2017), more introspective than her earlier work, was less well received.

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Founded
1902
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Headquarters
Bowling Green, KY
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Russell Brands may also be known as or be related to Russell Brands, Russell Brands LLC and Russell Brands, LLC.