【New York Cit】Middle West Partners Acquires Paul Stuart

by

Editor’s Note

The ownership of heritage brand Paul Stuart has changed hands, moving from its long-term Japanese investor to a new partnership of a private equity firm and an apparel manufacturer. This shift may signal a new chapter for the classic menswear label.

Acquisition of a Heritage Brand

The luxury menswear brand Paul Stuart has been acquired by the private investment group Middle West Partners (MWP). MWP, in partnership with apparel manufacturer Peerless Clothing Inc., acquired the New York City-based brand from Mitsui & Co., which had been involved with the brand for over 50 years.

New Leadership

According to a press release, as part of the transaction, John Hutchison, former CEO of Bonobos, has been appointed as the new CEO of Paul Stuart.

Investor Vision
“The name Paul Stuart continues to resonate with discerning customers 87 years after its founding, and we see further potential in this luxury heritage brand,” said Kevin Kelleher, Managing Partner of MWP. “Our goal is to protect its unparalleled quality and further highlight its unique appeal on a global scale.”
Portfolio Expansion and Personal Connection

The private equity firm MWP, which is looking to expand its brand portfolio and earlier this year acquired the high jewelry maison David Webb, sees a personal connection to the brand.

“Paul Stuart has been one of my family’s favorite brands for over 25 years. When you walk down the street, there’s a distinctive style that you immediately recognize as Paul Stuart,” said Michael Hamp, Co-Founding Partner of MWP. “Since I was a child, my father, and now my brothers and I, have always worn Paul Stuart. Taking on the responsibility of steering this brand is an honor and a privilege for us.”
Full article: View original |
⏰ Published on: December 24, 2025