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Brixton enters partnership with Altamont Capital

 

 

Industry Updates

Brixton will continue to operate from its Oceanside HQ

Surfersvillage Global Surf News, 5 November, 2014 - Oceanside - Brixton announces a partnership with investment firm Altamont Capital Partners to support the company’s continued growth and development.

Brixton, the California-based lifestyle apparel brand, was founded in 2004 by Jason Young, David Stoddard and Mike Chapin. After five years of focusing on the headwear business, the Brixton brand soon expanded into select apparel pieces to meet growing demand. The growth in apparel soon matched the growth in headwear, and today Brixton is on-track to continue to expand the business both in terms of product breadth and geography.

“We feel fortunate to have achieved more success than we could have imagined when we started Brixton ten years ago in David’s garage. There is more opportunity in front of the brand today than at any point in the company’s history, and we are confident that Altamont can help the Brixton brand reach its full potential,” explained Brixton Co-Founder and General Manager Jason Young.

“We know that as we grow we need to build capabilities to support our retailers and continue to build and communicate the brand. We wanted to have a partner who could bring outside perspective and experience to help navigate that process with us.”

“No single brand speaks to everyone, but we’re very fortunate to have a set of core consumers who really can identify with the brand and love the product,” Brixton Co-Founder and Brand Manager David Stoddard commented.

“The design team draws on the interests and styles of the people who come to work here every day. Whether it’s music, skateboarding, surfing, motorcycles, classic cars or whatever, our employees as well as our athletes and artists are contributing from their own passions and interests. With Altamont’s investment and experience, we plan to grow our business and brand while continuing to stand out in the industry by producing high quality, timeless pieces with a modern perspective inspired by things our customers love.”

Brixton will continue to operate from its headquarters in Oceanside, led by a senior executive team comprised of Young as General Manager, Stoddard as Brand Manager, and Chapin as CFO. Several members of the Altamont team will join the board of directors, including Scott Olivet, who will become Chairman and is an Operating Partner at Altamont with a background that includes senior roles at brands including Converse and Oakley.

Tags: 
Brixton, Business Updates, Altamont Capital, Industry, Surf Clothing, Surf, Retail
Author: 
Adriana Matthews
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