Home / Knowledge / News / Apparel/Garments / Triumph Apparel announces reorganization
Triumph Apparel announces reorganization
30
Apr '09
Triumph Apparel Corporation, which manufactures and distributes women's dance apparel and active wear under the name Danskin, announced that KSL Ventures, LLC had acquired 55% of the Company's equity and voting stock in connection with a recapitalization of the Company.

KSL Ventures and affiliates will provide enhanced sourcing, manufacturing, distribution and marketing opportunities for Triumph's well-established Danskin brand, which it licenses from an affiliate of Iconix. Danskin has been the premier supplier of dance apparel and related products as well as women's active wear and performance wear for many years.

The Company is well known and highly regarded for its successful sponsorship of The Danskin Triathlon series of events held across the country and a major supporter of women's breast cancer research through its Danskin Triathlon activities.

In connection with the recapitalization, all future operations of Triumph will be managed by KSL Ventures, LLC, with the view of returning the Company to profitability. Carol Hochman has agreed to continue her association with the Company through her assumption of the role of Chief Executive Officer of the Company's Triumph Marketing subsidiary, which will focus on product development, expansion of the Company's brands and related opportunities.

Carol will continue to represent the Company as a board member of the Sporting Goods Manufacturers Association and continue in her role as Chairperson of the American Apparel and Footwear Association.

Triumph Apparel Corporation


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Strong exports, consumption fuel growth in Asia: ADB

Textiles | On 16th Dec 2017

Strong exports, consumption fuel growth in Asia: ADB

Economic expansion in developing Asia is likely to accelerate to 6...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Mohammad Hassan
Biax Fiberfilm

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search