Burch Creative Capital Takes Majority Stake in Rowing Blazers
NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Rowing Blazers, the cult menswear brand founded in 2017 by Jack Carlson, has sold a majority stake in the business to Burch Creative Capital ("BCC"), the investment firm founded by Chris Burch; and to Tom Vellios, co-founder of Five Below, and Jason Epstein, partner at Stonecourt Capital, who are co-investing with BCC. Rowing Blazers joins an esteemed group of brands held by BCC including Staud, Solid & Striped, Danielle Guizio, BaubleBar, and Tory Burch. The move will allow Rowing Blazers to hire in key positions, develop its women's line, expand distribution, and grow its retail footprint, starting with a new flagship Manhattan store as early as Fall 2024. The announcement comes after a milestone year for Rowing Blazers during which the brand launched major collaborations with Gucci and Target.
- Rowing Blazers joins an esteemed group of brands held by BCC including Staud, Solid & Striped, Danielle Guizio, BaubleBar, and Tory Burch.
- Carlson, a designer, archaeologist, former member of the U.S. rowing team, and long-time friend of Burch, launched Rowing Blazers in 2017 with co-founder David Rosenzweig.
- "I am very excited to be partnering with Burch Creative Capital, and excited for a new chapter in the Rowing Blazers story," Carlson said.
- "I am thrilled to be joining Jack, Burch Creative Capital, and the dynamic team at Rowing Blazers," said Simm.