History
The firm was founded in 1995 as a partnership between Paul Frank Sunich (usually known as Paul Frank) and two local businessmen Ryan Heuser and John Oswald, making vinyl accessories in a garage as gifts for their friends. From there the wallets and handbags became a local sensation. The firm was formally incorporated in 1998 and has since grown into a global brand with its own stores.
On Nov. 8, 2005, Frank left the company, but remained a stockholder. A lawsuit resulted, with the issue being whether he left voluntarily or was forced out by the other two partners.
On August 17, 2010, Saban Brands bought Paul Frank Industries; it will be under the same ownership as the Power Rangers franchise.
The company has closed the last office Orange County in Costa Mesa, Moving Julius and his friends to Los Angeles on September 27, 2012.
Read more about this topic: Paul Frank Industries
Famous quotes containing the word history:
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (1803–1882)
“The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.”
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—Karl Marx (1818–1883)