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Stock impact report

Dawson-Forté Cashmere Shareholders Sell Majority Equity Stake to Tempus Partners [Yahoo! Finance]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: Yahoo! Finance
CANTON, Mass., March 28, 2024 BUSINESS WIRE )--Dawson-Forté Cashmere ("Dawson-Forté"), the brand parent of KINROSS Cashmere and &Isla , is pleased to announce that the current shareholding group has sold a majority position to Tempus Partners, a consumer-focused private equity firm. Andy Bartmess will remain Dawson-Forté's CEO and a shareholder. In a statement, Bartmess said, "We are excited to work with Tempus Partners to accelerate the growth of our KINROSS and &Isla brands as we expand into more stores and across channels." Mary McCann, Dawson-Forté's SVP of Sales and Merchandising who also remains an executive and shareholder added, "I'm thrilled to work with Geoffrey and Kyle at Tempus Partners as we enter Dawson-Forté's next chapter together. Their proven experience in successfully growing consumer brands makes them excellent partners for Dawson-Forté's future." Geoffrey Champlin, Managing Partner of Tempus Partners, said, "We were drawn to Dawson-Forté because of its long Show less Read more
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