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Hampshire Group appoints two directors, one to leave

Staff writer |
New York, N.Y., USA - April 26, 2013, New York, N.Y., USA - Hampshire Group, a provider of sportswear, announced the appointment of two board members, Frank Tworecke and Bobby Melnick, as well as the resignation of Richard Mandell from the board.

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Mr. Tworecke has more than 35 years of retail and apparel markets experience to Hampshire Group. He has served as the Divisional President of the Sportswear Group of Warnaco Group, Inc. since 2004.

Prior to that, he was President and Chief Operating Officer of Bon-Ton Stores where he directed the overall operations of 70 stores. From 1996 to 1999, he was the President and Chief Operating Officer of menswear retailer, Jos. A. Bank.

Mr. Tworecke has also held various senior management positions within other specialty and department store retailers including MGR, Rich's Lazarus Goldsmith (now Macy's), and John Wanamaker.

He is a member of the Board of Advisors of Grafton-Fraser, a member of the Board of Directors of Cherokee, and a former member of the Business Advisory Council of the Department of Applied Economics and Management at Cornell University.

He received a B.S. from Cornell University and an MBA from Syracuse University.

Mr. Melnick offers portfolio management experience to Hampshire's Board of Directors. Since 1999, he has served as a founding general partner of Terrier Partners LP.

Prior to founding Terrier Partners, he was a general partner at Wynnefield Capital Inc., as well as a vice president and equity analyst at Lazard Freres & Co. He also served as a Board Member for Royal Olympic Cruise Line.

He received a B.A. from Washington University in St. Louis and an MBA in Finance from New York University.

Mr. Mandell has served as a director since April 2008. He has more than 25 years of investment banking expertise in the retail industry. He served as President and Chief Executive Officer of Hampshire Group, and he was previously Managing Director of Investment Banking at Prudential Securities where he was head of the Retail Trade Group.

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