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

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

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

Judy Frater
Somaiya Kala Vidya

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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