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Spense, Cable & Gauge Owner Acquired

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The maker of mass and department-store brands Spense and Cable & Gauge is now owned by Meridian Brands. A portfolio company of Sandy Hill Investors, the merchant banking division of Bruderman & Co., Meridian Brands has acquired Spense owner HMS Productions (HMS), a women’s fashion design and manufacturing firm specializing in branded and private-label apparel….

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