Retail News

Butch Blum Announces New Ownership

After four decades in business, one of Seattle’s seminal designer clothing stores is changing hands.

By Aoife Reilly January 13, 2016

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Butch Blum, the downtown clothing store that brought high-end European menswear to the Northwest, is changing hands this year with Seattle native David Matsudaira acquiring stakes in the company. Matsudaira, who operates Squire Fine Men’s Apparel in Brookfield, Wisconsin, is expected to receive majority ownership of the store during the year.

No stranger to the Seattle retail scene, Matsudaira’s career started in his father’s Seattle store, Mich’s Men’s Shop in the ‘80s. He then clocked in more than three decades of experience at companies such as the Bon Ton Stores, Gottschalks, and the Bon Marche.

Speaking of the changes, Butch Blum’s CEO Kay Smith-Blum and past president, Butch Blum, praised Matsudaira’s understanding of the legacy of fine service and his strong business knowledge. “We are confident that David will be an innovative and dynamic leader, bringing many new ideas and much energy to the store and our community at large.”

Both Smith-Blum and Butch Blum will continue working at the downtown boutique as transition consultants for the next two seasons with Smith-Blum continuing as CEO until final acquisitions are made, which will most likely be at the end of this year.

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