Home / Knowledge / News / Apparel/Garments / Manhattan Beachwear acquires Apparel Ventures
Manhattan Beachwear acquires Apparel Ventures
27
Oct '10
Apparel Ventures Inc. has been acquired by the private equity company Linsalata Capital Partners through Manhattan Beachwear Inc. for an unrevealed amount.

In January, 2010, around 80 percent stake had been sold by Manhattan Beachwear to Linsalata Capital Partners, which is a private equity firm based in Cleveland with a background of making investments in niche apparel.

This acquisition provides Manhattan Beachwear with a remarkable brand list. Apart from its original brand list, which consists of licenses for several other brands and its own brands, the Manhattan Beachwear now includes Apparel Ventures' licensed brands and collections.

The company has emerged as one of the largest swimwear firm but it intends to remain modest and dedicated to its clients. Due to this annexation, the company's list now includes 17 brands excluding the private label brands.

As of now, the brands are expected to function from their own offices. Brand designers are also likely to remain the same but certain operations like finance and IT are probably going to be merged.

The merger has enabled two well known and reputable firms of the swimwear industry to come together. The consolidation of the two companies into a single entity is likely to permit them to get the maximum benefits and extend an unparallel brand as well as product mix to its customers.


Fibre2fashion News Desk-India

Must ReadView All

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Textiles | On 27th Feb 2017

KBR bags LBED revamp contract for LG Chem's ethylene plant

KBR, Inc has bagged a technology licensing and basic engineering...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
February 2017

February 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