Overview
Oved Group is a privately held conglomerate primarily engaged in the retail apparel and fashion industries, with significant real estate investments. Founded in 1981 by Isaac Oved, it operates from 31 West 34th St, New York, NY 10001, United States. The group's management is spearheaded by the founding family, including Isaac, David, Mike, and Ronnie Oved, through business divisions like Oved Realty and Oved Apparel.
Business Divisions
Oved Realty
Oved Realty is a core component, with the ownership of over 8 million square feet and the management of more than 1.1 million square feet of Class A and B commercial real estate across the United States.
Oved Apparel
The apparel division focuses on developing global brands and partnerships with renowned designers. It houses prestigious brands such as PRPS®, Akademiks®, and Company 81, with PRPS being a leading global men's denim brand. The division collaborates with major partners including PVH Corp.®, VF Corporation, True Religion, and Hudson Jeans. In its children's division, Five Star Apparel, led by Albert Pardo, emphasizes licensed apparel.
Leadership and Organizational Structure
- Chief Executive Officer (CEO): David Oved
- Chief Financial Officer (CFO): Eric Spiel
- Chief Information Officer (CIO): Mike Oved
- Notable strategic role held by Marsha Sokolovskaya, known for operational efficacy and profit-focused strategies.
Strategic Focus and Market Position
The Oved Group employs approximately 201-500 people, focusing on strategic sourcing and retail partnerships for on-trend design and brand development. Its real estate arm bolsters its financials, complementing cash flows from apparel ventures. The company's annual revenue is estimated at $75 million, establishing a robust presence in the market.
Upcoming Initiatives and Future Direction
The group is set on expanding its reach in the apparel and real estate sectors through strategic investments and partnerships, promoting innovation to solidify its market reputation.
Contact Information
For further inquiries or potential collaborations, contact Oved Group at +1-212-244-3800. Stay updated by visiting their [LinkedIn profile](https://www.linkedin.com/company/oved-group).
Competitor Profiling
Overview
The Oved Group encounters competition from various companies in the apparel industry. Here are notable competitors:
Key Competitors
1. Mint Showroom
- Location: New York City, New York
- Industry: Retail Apparel and Fashion
- Revenue: $1-5 million
- Employees: 11-50
- Focuses on luxury resort-wear and contemporary brands, offering wholesale, design, and social media internships.
2. Gitman Bros. / Individualized Apparel Group
- Location: New York, New York
- Industry: Apparel & Fashion
- Renowned for its heritage in American shirt manufacturing and tailored clothing globally.
3. Vince Holding Corp.
- Location: New York, New York
- Industry: Apparel Manufacturing
- Specializes in luxury apparel, emphasizing staple wardrobe essentials through wholesale and direct-to-consumer segments.
4. Capelli New York
- Location: New York, New York
- Industry: Retail Apparel and Fashion
- Revenue: $44 million
- Employees: 201-500
- Produces on-trend private label and branded products, with a creative and fast-paced work environment.
5. Jerry Leigh of California
- Location: Panorama City, California
- Industry: Apparel Manufacturing
- Family-owned, with a global distribution network for licensed character products.
Industry Position
The Oved Group sustains a competitive edge through substantial revenue and brand presence compared to mid-sized competitors like Capelli New York. Its strong positioning underscores broad operational capabilities within the competitive fashion industry.
