Orchard Brands is a regular garden grove of catalogs and e-commerce sites. The direct-to-consumer retailer owns a portfolio of more than 15 brands that target the 55-plus demographic. The company offers apparel, accessories, and shoes, as well as home and garden and health products. Orchard Brands reports around $800 million in revenue through its catalogs, e-commerce sites, and Appleseed's retail stores in New England and Draper's & Damon's in half a dozen states. In the summer of 2015, Orchard Brands was acquired by
Capmark Financial Group
for $410 million. Capmark also owns
, Orchard Brands' immediate new parent.
In addition to Crosstown Traders' eight titles, the company's portfolio includes: Appleseed's, Bedford Fair Lifestyles, Blair, Draper's & Damon's, Gold Violin, Haband, Norm Thompson, Old Pueblo Traders, Sahalie, Solutions, The Tog Shop, Willow Ridge, and WinterSilks.
Orchard Brands operates in the New England states through its Appleseed's stores and in Arizona, California, Florida, Texas, and Virginia under the Draper's and Damon's banner. Its catalogs and online businesses give the retailer an extended reach.
The company began in 2005 when Appleseed's bought out The Tog Shop, then Appleseed's and Draper's & Damon's were both bought by Golden Gate Capital on the same day. Orchard Brands was formed to acquire more catalog-based retailers.