Platt takes helm at Brand Matters
Home & Textiles Today Staff -- Home Textiles Today, October 20, 2008
New York – Rick Platt has been named president of Brand Matters, a new licensing and brand building company in a joint venture partnership with private equity firm Hilco Consumer Capital and brand capital firm Windsong.
The venture’s brands include Ellen Tracy, Caribbean Joe, Tommy Armour Golf, Bombay, and Sharper Image.
“We’re going to be building our team and building out licensing opportunities,” said Platt. “That includes home. Caribbean Joe we should be able to build out as a full lifestyle brand. That’s one of the first priorities for Caribbean Joe.”
Platt said the firm, which will be located at 1350 Broadway in Manhattan, is in the process of finalizing an all-encompassing master license arrangement for Bombay. In November 2007, Bombay Company liquidated its stores and distribution centers in the United States. Its 50 Canadian stores were sold to Canadian home goods and gifts retailers Bowring and Benix & Co.
Platt was most recently president of the NexCen Home Studios division of NexCen Brands. Prior to that, he was managing director of Official Pillowtex, which at that time owned and managed brands including Cannon, Fieldcrest, Royal Velvet, Charisma, Bugle Boy, and Delia’s. He joined Official Pillowtex from Sure Fit, where he was svp of retail sales.
Earlier, he was senior director of retail sales and marketing for National Football League Properties, the NFL’s $3 billion consumer products division. He also was vp creative development for Major League Baseball. Platt also has a retail background, first with May Co.’s G. Fox division and later with Ames Department Stores.
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