Home / Knowledge / News / Apparel/Garments / NEJ fully acquires Bills Khakis from Source Capital
NEJ fully acquires Bills Khakis from Source Capital
24
Jan '17
Courtesy: NEJ
Courtesy: NEJ
Provider of reverse logistic excess inventory solutions for specialty store retailers, NEJ Inc. has bought the stake of Bills Khakis, a designer of premium men’s sportswear from private equity firm Source Capital, LLC. Earlier in December 2015, NEJ had partnered Source Capital to jointly acquire Bills, but now has become the sole owner of the company.

Bills Khakis will operate under NEJ’s Private Brands division, which is managed by John Crocco, a menswear industry veteran.

Bills Khakis began by replicating the World War II military issued khaki and later on graduated to manufacturing woven shirts, boxers and belts, all made in the United States.

“Bills Khakis is an iconic apparel brand with a 25 year history of producing high quality menswear products that are proudly cut and sewn in the Unites States,” NEJ founder Ed Mascolo said. “We are excited to leverage our 26 years of retail brand expertise, disciplined operational capabilities and facilities as well as deep industry relationships to build upon the tremendous history of the brand, as we position Bills Khakis for its next chapter of growth.” (AR)

Fibre2Fashion News Desk – India


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