Home / Knowledge / News / Apparel/Garments / Bahamas closes acquisition of Native Outfitters
Bahamas closes acquisition of Native Outfitters
08
Mar '17
Bahamas Development Corporation (BDCI) has closed the acquisition of Native Outfitters, a wholesale performance lifestyle apparel company focused on the athleisure category. Included in the acquisition is the trademark, inventory' equipment, the website, including the ecommerce site and social network profiles like FaceBook, Twitter, Instagram platforms.

BDCI obtained a loan and credit line from a major retail banking lender to fund the acquisition of Native Outfitters. The acquisition, including initial working capital, has been personally guaranteed by BDCI's president and will not result in any dilution or debt to the company.

The financial institution that issued the loan has already expressed interest in funding future acquisitions BDCI is working on. BDCI has also held several discussions with another major retail banking lender with a view to a significantly expanded working relationship. (AR)

Fibre2Fashion News Desk – India


Interviews View All

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Spokesperson, Hugo Boss

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Yogesh Kanani,

Yogesh Kanani

Incorporated in 1999, Purani Textiless Private Limited is a leading...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search