Jul 3, 2012
Author: MIke P.
You may have recently heard that Sequential Brands had purchased DVS ands Matix. A recent turn of events has now seen the Matix brand purchased by Westlife Distribution from Sequential Brands. That was quick. Details have not yet been released but the Matix brand will immediately relocate to the Westlife headquarters in Las Angles CA. Westlife is also the parent company of the succsessful snowboard outerwear brand 686.
Official Press Release:
Westlife Distribution Acquires Matix® Clothing
LOS ANGELES, CA (July 1, 2012) – In an exciting turn of events, Westlife Distribution is pleased to announce the addition of Matix®Clothing to the increasing brand portfolio that also includes technical apparel brand, 686®. Westlife will be acquiring Matix from the Sequential Brands Group in an asset purchase, which includes intellectual property, inventory and accounts receivable.
While the details of the agreement are confidential, Westlife is excited with the outcome and has big plans for Matix. “Skateboarding is where I came from and I couldn’t be more stoked. We’ve been longtime fans of Matix and have solid relationships with the Dunlap brothers as well as current and former Podium employees,” said Michael Akira West, President/CEO of Westlife Distribution.
Details are still being ironed out, but Matix will be immediately re-locating to the Westlife headquarters in Los Angeles, California. It is the goal of Westlife Distribution and Matix to make this transition as seamless as possible. All current Matix employees will be making the move, and Brian Dunlap will be fulfilling the role of President.
“I would like to give a big thank-you to all the retailers, reps and distributors that have been behind Matix for all these years and especially during these tough times,” said Dunlap, “With the Westlife structure behind us, we will be at 110% in no time. As George Herbert said, storms make the oak grow deeper roots…”
“Matix is iconic within the action sports world,” continues west, “We wanted to keep it in the family and industry. We are committed to improving the operational foundation, making superior products, working with quality retailers and growing its business over time, just like we have done with 686 for the past twenty years.”
For customer service, accounts receivable and general dealer questions, please call (949) 699-6868 and ask for Matix Customer Service. The mailing and shipping address for Matix Clothing is now 227 E. Compton Blvd, Los Angeles, CA. 90248.
For ALL media inquiries or interview requests, please contact Kristin Cusic:
(949) 699-6868 x304 or email@example.com
Independently rider owned and operated, Westlife™ Distribution LLC is the parent company of 686®technical apparel and Matix® Clothing. Westlife also holds exclusive licenses for New Balance®, Dickies® and Paul Frank®. Since 1992, Westlife has provided the riding community with innovative and progressive technical apparel, outerwear, sportswear, boots, footwear and accessories found in specialty retail locations throughout the world. Log on to www.686.com or www.matixclothing.com for more information.