Home / Knowledge / News / Apparel/Garments / Ohayo Sangyo buys RaceReady
Ohayo Sangyo buys RaceReady
02
Sep '11
Ohayo Sangyo LLC announces the acquisition of RaceReady, Inc., in a deal designed to accelerate the company's growth in US and overseas markets. RaceReady is a manufacturer of high-end, ultra-lightweight running apparel located in Torrance, Calif. The company is best known for its LD running shorts with pockets and its ultra-lightweight running shirts. All of RaceReady's products are 100% made in the USA. Ohayo Sangyo will continue to use the trade name RaceReady and plans on expanding brand recognition beyond its current niche running apparel markets.

“I've been running for 25 years and I couldn't pass up the opportunity to acquire a growing running apparel company such as RaceReady,” said Timothy Vadney, Ohayo Sangyo founder and managing director of RaceReady The founders of RaceReady, Gerry Hans and Mary Button, retired after the acquisition but are continuing to provide management advice to Vadney and his new team.

Gerry Hans said, “Tim impressed us because he has a proven track record as a professional consultant to various sports-related businesses. As Mary and I transition to doing non-profit advocacy work, we are confident that our loyal customer base will be in good hands. Building RaceReady has been an extremely rewarding experience for us.”

The deal was financed with the assistance of JP Morgan Chase and South Peak Capital.

RaceReady was founded in 1993 in Los Angeles and holds three utility patents on its products. RaceReady primarily serves the needs of demanding marathon, trail and ultra-runners and currently sells its products online and at over 160 specialty running stores throughout the US. Ohayo Sangyo LLC is an investment partnership founded by Timothy Vadney and funded by private investors in the US and Japan.

RaceReady Inc

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search