Rempen sells Foreign Accents
January 21, 2014,
Terms were not disclosed. "After 30 years of success and innovative design, it's time to hand the reins of rug responsibility over to a new team," Rempen said in a press release.
Anderson has owned and operated both startup and existing businesses, according to the release. His son, Kris Anderson, rose to lead a major business group in the financial world. Kris' wife, Molly Anderson, has worked in merchandising, design, and artistic production, with nationwide retail organizations and a television network. Molly is already busy developing three new collections for spring.
"I'm delighted with the way things have developed. The Andersons are a dream team, with expertise in business, design, merchandising, management and finance," Rempen said. "They are excited about running Foreign Accents, and I'm thoroughly enjoying the transition activities. They are not only capable and professional, but they're good people."
Rempen, who recently published her first book, "Meanwhile, Back in Los Ranchos," will stay on as a design consultant. She said she plans to attend April's High Point Market with the Andersons.
"We like what we see at Foreign Accents, and we don't intend to change anything," Doug Anderson said. "Yes, we plan to expand the collections, add designs, and grow the company, but the Foreign Accents look and spirit will remain the same."
|Foreign Accents Rugs’
Kris Anderson, left, Molly
Anderson, Trish Rempen,
Doug Anderson, Susan
Sturner, Trevor Gonzales, Sally
Price-Brittenham and Mike
Mernin outside the company’s
Albuquerque office. Doug and
Kris Anderson bought the rug
company from Rempen.|
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