Our Name Is Mud Sells Stores
By Staff -- Gifts & Decorative Accessories, 9/1/2005
New York — Ceramic and pottery wholesaler Our Name is Mud sold three of its Manhattan-based, do-it-yourself pottery stores to the private equity firm Goode Partners. Our Name Is Mud owners Lorrie and Kip Veasey and partner John Nelson will concentrate on the wholesale market while maintaining the company's retail location in New York's Grand Central Terminal. Launched in 1995, the retail outlets, while successful, were “very customer intensive,” according to Kip Veasey. “We didn't see doing it long-term.” Goode Partners previously invested in The Children's Place clothing stores and Tommy Bahama, before taking them public.
