Home / Knowledge / News / Apparel/Garments / Pas Group acquires Jets swimwear
Pas Group acquires Jets swimwear
30
Nov '15
The Pas Group has acquired Australian swimwear brand Jets and will look to broaden international distribution and expand the brand's online presence, according to reports in the Australian media.

Pas bought Jets from designer Jessika Allen and her husband Adrian, who have owned the swimwear maker since 2001 and recently expanded the label into activewear. Sydney-based Jets has a 30-year heritage in the Australian swimwear market and has evolved into an iconic brand with a growing international presence. Jets sells its swimwear and activewear through local and international department stores, independent stores and online.

Under the deal, Ms Allen will remain as design director for at least 18 months before moving to a consulting role. General manager Rob Schonberger will also retain his position.

Pas CEO Eric Morris said Jets was expected to add to the group's earnings immediately and provide a platform for growth in the rapidly expanding activewear market.

“In Australia, there are opportunities to increase its retail footprint and expand its online presence,'” Morris said in a statement. “We will also look to broaden its international distribution.”

The Pas Group is one of Australia's leading apparel groups and owns labels such as Review, Marco Polo and Black Pepper. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
May 2017

May 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