Hanna Andersson

Portland Business Journal Related: Retailing & Restaurants Hanna Andersson is expanding its footprint. The Portland-based children's clothing retailer is opening a new location in Durham, N.C. The 1,700-square-foot store will be located in The Streets at Southpoint mall and is set to open by October. Hanna Andersson operates 37 stores nationwide. See all your followed company news on your personalized dashboard. To access the full benefits of bizWatch and receive a weekly email with aggregated news on all the companies you are following, please provide your email address below. Sign Up Now You must have a bizjournals account to

The acquisition for the Sun Capital asset signifies a continued commitment to retail by the distressed investor. Kellwood Company, the Missouri-based clothing company belonging to Sun Capital Partners, bought ADAM in the first of what is expected to be a series of deals for the firm. Michael Kramer, chief executive and president of Kellwood, said in a statement the company will continue to aggressively expand. Terms of the deal were not disclosed and calls seeking comment were not acknowledged by press time. ADAM was founded by, and named for, its chief executive Adam Lippes; the company’s sportswear is available

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