Kellwood Announces Agreement To Acquire Royal Robbins, Inc.

Kellwood Company (NYSE: KWD) announced an agreement today to acquire Royal Robbins, Inc., a division of Phoenix Footwear Group, Inc. (AMEX: PXG), according to Robert C. Skinner, Jr., Kellwood chairman, president, and chief executive officer.

St. Louis, MO — Kellwood Company (NYSE: KWD) announced an agreement today to acquire Royal Robbins, Inc., a division of Phoenix Footwear Group, Inc. (AMEX: PXG), according to Robert C. Skinner, Jr., Kellwood chairman, president, and chief executive officer.

Headquartered in Modesto, CA, Royal Robbins designs and markets premium quality active sportswear and travel apparel for men and women. The company was founded in 1968 by Royal Robbins, who today is considered one of the most influential mountain climbers of the 20th Century. Robbins and his wife and partner, Liz, established the business to outfit climbing enthusiasts and other outdoor-oriented individuals.

Skinner commented, “The acquisition of Royal Robbins allows us to expand our outdoor recreation and leisure products platform. We have a very strong portfolio of brands already in the camping, mountaineering and outdoor products category such as Kelty and Sierra Designs. Royal Robbins introduces us to the outdoor apparel sector of that industry and will become part of our American Recreation Products, Inc. division.”

“We have been searching for the right outdoor apparel company to add to our division's product mix and Royal Robbins is the perfect fit. Their highly visible, strong consumer base enhances our positioning and allows us to accelerate our growth and profitability,” said George J. Grabner, Jr., president of American Recreation Products.

Robert (Bob) Orlando, president of Royal Robbins, and his team will continue with the company. He will report to Grabner.

In October 2003, the company was acquired by Phoenix Footwear. Sales for Royal Robbins in calendar year 2006 were approximately $30 million. The transaction is expected to close by early July. Kellwood is purchasing Royal Robbins for approximately $40 million. The Company does not anticipate the acquisition will significantly impact 2007 results. Kellwood was represented by Financo, Inc. and Phoenix Footwear by Kurt Salmon Associates Capital Advisors, Inc.

American Recreation Products is a subsidiary of Kellwood Company. The company designs and markets outdoor recreation and leisure products that include tents, backpacks, sleeping bags, airbeds, outdoor clothing, and related camping/leisure accessories under the Kelty, Sierra Designs, Slumberjack, and Wenzel brands.

Kellwood Company (NYSE:KWD), a $2 billion marketer of apparel and consumer soft goods, specializes in branded as well as private label product, and markets to all channels of distribution with product specific to a particular channel. For more information, visit

Statements in this press release that are not strictly historical are “forward-looking” statements within the meaning of the safe harbor provisions of the federal securities laws. Actual results may differ materially due to risks and uncertainties that are described in the Company's Form 10-K and other filings with the SEC. The Company undertakes no obligation to release publicly the results of any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Samuel W. Duggan II, VP Investor Relations and Treasurer, 314.576.8580 or
Gregory W. Kleffner, Chief Financial Officer, 314.576.3125 or

Donna B. Weaver, VP Corp. Comm.,212-329-8072 or


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