Sponsored by Navy Federal Credit Union
TRAFFIC ALERT In Prince George’s County, on the Outer Loop of the Beltway before St. Barnabas Road, traffic gets by on the far left lane.

Hobo: A homegrown business with international appeal

With her mother, Toni, Koren Ray has grown a local brand to a national, household name. (Courtesy David Burroughs Photography)

WASHINGTON – Walk into almost any specialty clothing and accessories boutique today, and chances are you will see an oversized leather wallet designed as a clutch, with a colorful fabric pattern and a magnet sewn to the inside.

Look closer and you will see the name of the company behind these popular leather goods: Hobo.

The brand has become one of the most recognized names in women’s accessories — and it got its start on a dining room table in Annapolis, Md.

Twenty-two years ago, Toni Ray, a single mother and co-founder of Georgetown Leather Design, cashed in her life savings after her D.C.-based leather goods company was bought out.

“She called me and she said,



Advertiser Content