Kellwood and its parent company Sun Capital announced it has purchased Rebecca Taylor, the 15-year-old fashion brand founded by designer Rebecca Taylor and her business partner, Elizabeth Bugdaycay. Both will stay with the company. Financial terms of the deal were not disclosed, Kellwood's president and CEO Michael Kramer plans to focus first on, building new stand alone boutiques, online advertisig, and growing wholesale accounts. According to fashion sources Rebecca Taylor brand is worth 45 million. This is one of my favorite labels.
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