Charles Co­hen Ac­quires T. An­thony

The bil­lion­aire real es­tate de­vel­oper also owns Har­rys of Lon­don and Richard James.

WWD Digital Daily - - News - BY JEAN E. PALMIERI

Charles Co­hen con­tin­ues to add to his fash­ion stable.

The bil­lion­aire real es­tate de­vel­oper has ac­quired T. An­thony, the lux­ury leather goods and lug­gage brand, and will add it to Har­rys of Lon­don and Richard James as part of his Cu­rated Life­style Col­lec­tion com­pany.

Terms were not dis­closed.

The Cu­rated Life­style Col­lec­tion is an um­brella com­pany that cov­ers all of Co­hen's in­ter­ests in­clud­ing high- end film ex­hi­bi­tion, ho­tel own­er­ship and man­age­ment, wine pro­duc­tion and fash­ion.

T. An­thony was founded in 1946 when Theodore An­thony de­signed a lug­gage col­lec­tion for his clients that was in­tended to ser­vice their glo­be­trot­ting life­styles in a lux­u­ri­ous yet prac­ti­cal man­ner.

The stylish and durable lug­gage soon be­came the choice of mem­bers of the Bri­tish Royal Family as well as the elite of Hol­ly­wood, Amer­i­can pres­i­dents and other high-pro­file peo­ple from around the world.

To­day, the brand op­er­ates a store at Park Av­enue and 56th Street and is also car­ried at high- end re­tail­ers in­clud­ing Bar­neys New York.

The brand had re­mained in the family for more than 70 years and Michael

Root, Theodore's grand­son, is the cur­rent chief ex­ec­u­tive of­fi­cer. Co­hen said Root will re­main with the brand de­spite the own­er­ship change. “He's does a good job and I have a con­tract with him,” he said.

To­day, the New York-based com­pany also offers soft leather ac­ces­sories for men, women's hand­bags and gam­ing boards as well.

“I am proud to add T. An­thony to join Harry's Shoes, which opened its first North Amer­i­can out­let on Park Av­enue at 57th street yes­ter­day, and Richard James, the es­teemed Sav­ile Row tailor, which will open in Man­hat­tan the sum­mer, on the fash­ion side of our Cu­rated Life­style Col­lec­tion. My wife and CLC ex­ec­u­tive, Clo, and I have long been cus­tomers of the brand and know the qual­ity with which each piece is crafted. We in­tend to bring the T. An­thony lux­ury la­bel to a global cus­tomer, while fully re­spect­ing the DNA of this re­spected Amer­i­can brand,” Co­hen said.

Root said he's happy to be­come part of CLC. “It has a legacy of serv­ing an elite clien­tele, from John Len­non and Marilyn Mon­roe to Jackie O and Ron­ald and Nancy Rea­gan. Our lux­ury lug­gage em­braces a high stan­dard of ex­cel­lence that has with­stood the test of time; we em­ploy a metic­u­lous nat­u­ral tan­ning process and hand­craft ev­ery de­tail of our prod­ucts, in­cor­po­rat­ing only the finest leather and other qual­ity ma­te­ri­als. Charles' in­vest­ment will al­low a strate­gic ex­pan­sion of our foot­print around the world.”

Co­hen said once the ac­qui­si­tion is ab­sorbed into CLC, he plans on ren­o­vat­ing the Park Av­enue store. And be­yond that, he said he in­tends to repli­cate what he has done with both Har­rys and Richard James, which is to “re­po­si­tion and glob­al­ize it.”

He said open­ing a store in the U.K. is a nat­u­ral and he also plans on cap­i­tal­iz­ing on T. An­thony's leather-mak­ing ex­per­tise for his other brands.

Co­hen was rep­re­sented in this ac­qui­si­tion by Wil­liam Sus­man, man­ag­ing di­rec­tor at Thread­stone LP. T. An­thony was rep­re­sented by Mark Jack­son from Michel Dyens & Co.

Charles S. Co­hen

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