Angelica Puts Hospitality Catalogs on the Block

St. Louis-based Angelica Corp. is seeking a buyer for its manufacturing and marketing division, which sells uniforms to the hospitality industry. Included in the sale are the Image Collection, Extending Your Stay, and Angelica Image Apparel catalogs, which are distributed by a direct sales force of about 70, says chief financial officer Ted Armstrong.

The $459 million manufacturer/marketer will retain its 300-store Life Uniform and Shoe Shops division, which also sells via catalogs and e-commerce. The Life Uniform catalog, which launched in September 2000, sells scrubs, smocks, and apparel for healthcare professionals. “Our future focus will be on healthcare, including our textile services segment, where significant industry consolidation opportunities exist,” Armstrong says, “and on our Life retail stores segment, which continues to see growth.” Angelica has hired Atlanta-based Kurt Salmon Associates Capital Advisors to explore the sale of the division. It expects to receive offers by early February.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.

Angelica puts hospitality catalogs on the block

St. Louis-based Angelica Corp. is seeking a buyer for its manufacturing and marketing division, which sells uniforms to the hospitality industry. Included in the sale are the Image Collection, Extending Your Stay, and Angelica Image Apparel catalogs, which are distributed by a direct sales force of about 70, says chief financial officer Ted Armstrong.

The $459 million manufacturer/marketer will retain its 300-store Life Uniform and Shoe Shops division, which also sells via catalogs and e-commerce. The Life Uniform catalog, which launched in September 2000, sells scrubs, smocks, and apparel for healthcare professionals. “Our future focus will be on healthcare, including our textile services segment, where significant industry consolidation opportunities exist,” Armstrong adds, “and our Life retail stores segment, which continues to see growth.”

Angelica has hired Atlanta-based Kurt Salmon Associates Capital Advisors to explore the sale of the division. It expects to receive offers by early February.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.