The story
History
In the 1970s, 21-year-old Jamal H Nathan along with 17-year-old Barry Perlman opened a Florida jeans shop called Four Way Street. "During the evenings, we'd head out to the local Laundromat with our pockets full of coins and some bleach. A few hours later, we had a stack of great washed jeans -- one of a kind and 100% authentic!"
In 1978, Montesano moved to Los Angeles to enter the fashion industry there. With business partner Michael Caruso, he started Bongo and ran the brand for 15 years. After leaving Bongo, Montesano joined former business partner Perlman in 1990 to launch Lucky Brand.
The corporate headquarters moved from Vernon to the Arts District in Downtown Los Angeles in 2012. The jeans maker moved to a new downtown office located at 540 S. Santa Fe near the historic 4th and 6th Street Bridges.
In December 2013, Leonard Green & Partners acquired Lucky Brand Jeans for $225 million from Fifth & Pacific Companies. In 2019, Carlos Alberini had resigned as chairman and CEO. In July 2020, Lucky Brand filed for bankruptcy, and was acquired by Authentic Brands Group.
On 24 April 2024, Ted Baker Canada, the operator of Lucky Brand stores in Canada, filed for creditor protection in Canada and Chapter 15 bankruptcy in the U.S. The company blamed the operation suppliers of Authentic Brands Group for failing to pay. As a result, it was announced that all Lucky Brand stores in Canada would close.
Lucky Foundation
The Lucky Brand Foundation was first launched in 1996, which was initially established with a goal to help children. Since the launch the foundation has raised over $8 million through fund raising events. Such events have featured rock performers such as Jackson Browne, Joe Cocker, B.B. King, and Bonnie Raitt. Another way the Foundation has been consistently successful at accomplishing their set goal is through the annual Black Tie & Blue Jeans Gala, which has a record of raising approximately $6 million for numerous children's charities including: Smile Train, Camp Sundown, Island Dolphin Care, Shane's Inspiration and The Bridge School. With the celebration of the 40th anniversary of the Summer of Love and the Beatles' Sgt. Pepper's album, Lucky Foundation was able to raise more than $700,000.
From Wikipedia’s article on Lucky Brand Jeans, shared under CC BY-SA 4.0.4