Byline: KARYN MONGET
FAM Brands Acquires TehA ma
FAM Brands LLC has acquired TehA ma Inc., a specialist of upscale casual sportswear for men and women.
FAM, founded in 1985 with estimated annual wholesale sales in excess of $100 million, is a Commerce, Calif.-based specialist of women's activewear and bodywear by Marika and New Balance.
The purchase price was not disclosed. But annual wholesale revenues for the combined men's and women's lines including golf apparel is more than $40 million, according to industry estimates.
The TehA ma brand was created in 1997 by Hollywood icon Clint Eastwood and designer Nancy Haley as a lifestyle …