The company was founded in 1859 in New Hampshire and its current owners, Norman and Steven Moscowitz, bought it five years ago (1987) out of receivership from the government. H.W. Carter is now a division of Four M Industries, Inc. Currently, the workwear division of the company sells 715 accounts with a volume of $2.5 million.
Not sure when Norman sold the company or for what amount. My guess is they didn't pay a lot to get it out of receivership and probably made a pretty good return on their investment.
Founder of the company... not unless William Carter was reincarnated as Norman Moscowitz.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.