>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Apparel/Garments / Total Luxury Group buys International Apparel Group

Total Luxury Group buys International Apparel Group

03
May '06
Investment company Total Luxury Group Inc has entered into an agreement to acquire an apparel holding company known as International Apparel Group Inc, which includes wholly owned subsidiary Original Gear Inc, and a license with legendary rapper DMC, as well as other licensed and private label production for Converse, Randy Moss, and the NIFL.

“This is the opportunity that we have been searching for over a year. This deal brings us immediate revenue, tremendous growth potential and experienced apparel industry management” said CEO Sandy Masselli.

For IAG President Janon Costley, “It's a perfect match… With this transaction, we are in a position to grow our current business as well as seek additional licenses and acquisitions in the apparel industry.”

The closing is set for no later than June 1st 2006 prior to which both companies will engage in a short period of additional due diligence.

Following this transaction, the company intends to actively implement a growth strategy through additional acquisitions and licensed programs.

Total Luxury Group Inc, which currently holds a distributorship agreement for MCM, AG, has been seeking additional opportunities within the consumer products industry, for acquisition of companies that have a proven management team, and desirable products or services.

International Apparel Group Inc is an apparel holding companythat through its subsidiary companies manufactures and sells apparel to major retailers and distributors around the world.

Total Luxury Group Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Jan 2022

Real US GDP rose at 6.9% annual rate in Q4 2021: BEA

Real US gross domestic product (GDP) increased at an annual rate of...

Pic: Shutterstock

Apparel/Garments | On 28th Jan 2022

Egypt’s garment exports rise by 41% to $2.49 bn in 2021 over 2020

The Egyptian apparel sector’s exports rose by 41 per cent in 2021 to...

Pic: Prasit Rodphan | Dreamstime.com

Textiles | On 28th Jan 2022

Cambodia-Vietnam trade volume touches $9.3 bn in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

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

ESTEEMED CLIENTS

Green Fibre
BIANCA
Tchibo GmbH
Esprit Europe Services GmbH
Seasalt Limited
Abit
KAS Direct Sourcing
Phong Phu international JSC (PPJ)
Sainsbury's Argos Asia Limited
Maceton Limited
Chico’ FAS
TESCO INTERNATIONAL SOURCING LIMITED
Gap International Sourcing Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Hirdaramani International Export Private Limited
Vianney Textil Hogar S.A. De C.V.
Permoda(Koaj/Armi/Pronto/Bkul)
Hela Clothing Pvt Ltd
J ;& P Coats
Desigual - ABASIC, S.A.
Under Armour Global Sourcing Ltd
IKEA of Sweden AB
G-Star Raw C.V.
Arvind Limited
Grasim Industries Limited
Gatsby Africa
Varner AS Retail
Benetton Group
Gokaldas Exports Limited
The Top Form Brassiere Manufacturing Company Limited
Alix Partners
Midas Clothing Limited
Tory Burch Hong Kong Ltd
Huntsman (Singapore) Pte Ltd
Landmark Group
Lenzing Aktiengesellschaft
MAS Active / MAS Kreeda / MAS Bodyline
The LYCRA Company Singapore  Pte. Ltd
Aquarelle Clothing Limited
Alison Hayes Romania
Aramark Uniform ;& Career Apparel, LLC
Decathlon
Etam Group Strategy Hong Kong Limited
KIABI
Vardhman Textile Ltd
Cat Tuong Real Estate Group Joint Stock Company
Puma
Helly Hansen Far East Ltd
Boardriders Asia Sourcing Limited
Lifestyle
LC Waikiki
THE BOMBAY DYEING ;& MFG.CO. LTD
Lacoste (Wanchai)
Babyshop
Groz-Beckert East Asia LLP
T.T. Limited
Bluestem Global Sourcing Limited
C;&A Sourcing International Ltd
Chori Company Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Guess Europe Sagl,
Calvin Klein
Brandix Lanka Limited
Target Corporation (MN)
Splash
John Varvatos
Asos
Amazon China
Restoque S.A.
Eastman Chemical Company
Reiter India Private Limited
OVS Hong Kong Sourcing Ltd.
Truetzschler India Private Limited
Page Industries Limited (Bangalore)
Rosset ;& Cia Limited
NITI Aayog
H;&M Hennes ;& Mauritz (Far East) Ltd
Rayonese Textile Inc., Division de Culp Inc.
Lululemon Athletica Inc
PVH Corporation
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
International Textile Manufacturers Federation
SYNERGIES HONG KONG LIMITED
Sportmaster Ltd.
Gloria Jeans
Tommy Hilfiger
Recron Polyester from Reliance Industries Limited
Lisa S.P.A.
IDH – The Sustainable Trade Initiative

January 2022

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


Advanced Search