>>
Home / Knowledge / News / Apparel/Garments / VF Corporation takes stake in Splendid & Ella Moss brands

VF Corporation takes stake in Splendid & Ella Moss brands

05
Jun '08
VF Corporation and Mo Industries Holdings Inc announced that VF has acquired one-third of the capital stock of Mo Industries, owner of the Splendid and Ella Moss women's contemporary sportswear brands. The agreement provides a mechanism whereby VF may acquire the balance of the capital stock in the early part of 2009.

Mo Industries is headquartered in Los Angeles, California and is owned by founder Moise Emquies, who serves as chief executive officer and president, and Summit Partners, a private equity and venture capital firm. The Splendid and Ella Moss brands offer premium products focused on contemporary knit tops, with these products sold through premium department and specialty stores.

The Splendid brand is known for its luxury knit products using soft fabrics, sexy fit and modern styling. The Ella Moss brand is an ultra-feminine knit tops and dresses collection featuring print and pattern-driven products in bold, bright colors.

Combined revenues of the two brands exceeded $80 million in the latest year and have tripled since 2004. While terms were not disclosed, the transaction results in a valuation close to 7.5x expected 2008 EBITDA.

"We've stated our intent to grow in the women's contemporary sportswear area, and both the Splendid and Ella Moss brands have demonstrated impressive growth and the ability to attract a loyal consumer following through superior products," said Mike Egeck, president of VF's Contemporary Brands coalition, which includes the 7 For All Mankind and lucy brands.


Must ReadView All

Pic: Shutterstock

Textiles | On 27th May 2022

Material supply shortage hits Vietnam’s textile exports

Vietnamese textile firms are concerned over tight material supply...

Pic: WTO

Textiles | On 27th May 2022

WTO goods trade barometer flat due to Ukraine war, COVID-19

The Russia-Ukraine war and recent pandemic-related lockdowns in China ...

Pic: Shutterstock

Textiles | On 27th May 2022

Global crises lead to deterioration in labour market recovery: ILO

Multiple global crises are resulting in a marked deterioration in the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Dr. N Mohan,

Dr. N Mohan

Clarks Reliance Footwear Private Limited manufactures and retails footwear ...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Ingo Soller, TWE Group

Ingo Soller
TWE Group

The TWE Group is one of the leading global players in the nonwovens...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Anna Yang, Label - Annakiki

Anna Yang
Label - Annakiki

Anna Yang is founder of brand Annakiki that explores a surrealist fantasy. ...

Johnny Cirillo, Watching NewYork

Johnny Cirillo
Watching NewYork

Johnny Cirillo, renowned for his candid photography in the streets of New...

Prakruti Gupta Rao & Navin Rao, Brand - The Kaftan Company

Prakruti Gupta Rao & Navin Rao
Brand - The Kaftan Company

The Kaftan Company (TKC) is India’s most recognised brand for kaftans,...

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

Aquarelle Clothing Limited
Calvin Klein
Aramark Uniform ;& Career Apparel, LLC
Loris Bellini S.r.l.
VNU Exhibitions Asia
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Nandan Denim Limited
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Mayer & Cie. GmbH & Co. KG
Equinox Impex India
Centric Software
SYNERGIES HONG KONG LIMITED
UBM China (Shanghai)
Under Armour Global Sourcing Ltd
Newtech Textile Technology Development (Shanghai) Company Limited
Gokaldas Exports Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
John Varvatos
Hela Clothing Pvt Ltd
ZAITEX spa
International Textile Manufacturers Federation
DyStar India Pvt. Ltd
IDH – The Sustainable Trade Initiative
GERBER TECHNOLOGY LTD.
Datacolor AG Europe
GHCL LIMITED
Alison Hayes Romania
Italian Trade Commission
Recron Polyester from Reliance Industries Limited
Coats Digital Limited
Woolmark Services India Pvt. Ltd.
Performance Days
Vardhman Textile Ltd
IKEA of Sweden AB
EUROVET ASIA LTD
Truetzschler India Private Limited
J ;& P Coats
BTC Textiles LLC
Restoque S.A.
Boardriders Asia Sourcing Limited
Eastman Chemical Company
Tradewind International Servicing
Indofil Industries Limited - Specialty & Performance Chemicals Division
Asos
Lectra Technologies India Pvt Ltd.
Bluestem Global Sourcing Limited
Thermore (Far East) Ltd.
TEXVALLEY MARKET LIMITED
Etam Group Strategy Hong Kong Limited
Zydex Industries
LC Waikiki
FESPA (Reigate)
Saurer Textile Solutions Pvt. Ltd.
Kornit Digital Asia Pacific Ltd
Sainsbury's Argos Asia Limited
Inter Expo Center Ltd.
BTSR International S.P.A.
Dow Silicones Corporation
Comasia Limited
Rosset ;& Cia Limited
Brückner Trockentechnik GmbH & Co. KG
Puma
International Sourcing Expo Australia
Hirdaramani International Export Private Limited
TÜYAP IHTISAS FUARLARI A.S.
Messe Frankfurt Exhibition GmbH
Decathlon
Flainox S.r.l.
Desigual - ABASIC, S.A.
Permoda(Koaj/Armi/Pronto/Bkul)
Sateri (Jiujiang) Fiber Co.,Ltd
Karl Mayer Textilmaschinenfabrik GmbH
Tchibo GmbH
Nihalani Events Management
Varner AS Retail
Eurofins BLC Leather Technology Centre Ltd
Rayonese Textile Inc., Division de Culp Inc.
Sportswear Company Spa
Phong Phu international JSC (PPJ)
IFF Media Ag - International Media Services
Lululemon Athletica Inc
Esprit Europe Services GmbH
Splash
Shima Seiki Mfg. Ltd.
Haelixa AG
Officina Meccanica Dora Enrico Srl
Xtema - Thomas Lebherz Textilmaschinen
Huntsman (Singapore) Pte Ltd
Chico’ FAS
Aleph Srl
Itema Weaving (India) Private Limited
Kern – Liebers Textile
Rieter India Private Limited
Colours India Inc
Tommy Hilfiger
USTER
Pt. Peraga Nusantara Jaya Sakti
Brandix Lanka Limited
Applied DNA Sciences Inc
Vianney Textil Hogar S.A. De C.V.
ITMA Services Pte Ltd
Tory Burch Hong Kong Ltd
Weitmann & Konrad GmbH & Co. KG
Chori Company Limited
X-Rite Asia Pacific Limited (HK)
Messe Duesseldorf
MAS Active / MAS Kreeda / MAS Bodyline
N9 World Technologies Private Limited
Seasalt Limited
Target Corporation (MN)
Gatsby Africa
Datatex Consulting Srl
K AND D ITMACH EXPOSITIONS LLP
Color Service s.r.l.
T.T. Limited
China World International Exhibition Company Limited
TESTEX AG, Swiss Textile Testing Institute
EMBEE CORPORATION
Shanghai  Aige Exhibition Service Co., Ltd
Gloria Jeans
Savio Macchine Tessili S.P.A.
Lacoste (Wanchai)
Lenzing Aktiengesellschaft
KIABI
Green Fibre
Lifestyle
Walmart
Abit
EPCH
H. Stoll AG & Company KG
C;&A Sourcing International Ltd
DuPont de Nemours, Inc.,
Recron Polyester from Reliance Industries Limited
Taiwan Textile Federation (TTF)
BIANCA
OVS Hong Kong Sourcing Ltd.
The LYCRA Company Singapore  Pte. Ltd
Reiter India Private Limited
Jindal Worldwide Limited
Istanbul Fuarcilik A.S.
Stahl Holdings B.V.,
Bluesign Technologies Ag
SHAHI Exports Pvt Ltd
The Top Form Brassiere Manufacturing Company Limited
Sportmaster Ltd.
Zünd Systemtechnik AG
Page Industries Limited (Bangalore)
The LYCRA Company Singapore  Pte. Ltd
Indo Tex
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
CGS Inc.
Jiangsu Yingyang Nonwoven Machinery Company Limited
Benetton Group
Infor (Hong Kong) Limited
Mesdan SPA
Helly Hansen Far East Ltd
Cat Tuong Real Estate Group Joint Stock Company
Tuyap Tum Fuarcilik Yapim A.S.
G.A.S. unternehmenskommunikation gmbh
Guess Europe Sagl,
COTTON COUNCIL INTERNATIONAL
THE BOMBAY DYEING ;& MFG.CO. LTD
Groz-Beckert KG
Alix Partners
Meera Dyestuff Industries
Grasim Industries Limited
JES MEDIA, INC
Maceton Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
KAS Direct Sourcing
CSGIA(China Screen Printing & Graphic Imaging Association)
FULGAR SpA
TESCO INTERNATIONAL SOURCING LIMITED
NV Michel Van de Wiele
Palexpo SA
Babyshop
NITI Aayog
Lenzing Aktiengesellschaft - India
Landmark Group
IIGM Private Limited
Lisa S.P.A.
BIMBA ;& LOLA SL
PVH Corporation
Amazon China
Groz-Beckert East Asia LLP
Arvind Limited
Lottmann Communications
Thai Acrylic Fibre Company Limited
GIOVANNI BOZZETTO S.p.A.
BRINKMANN GMBH
APLF Limited
G-Star Raw C.V.
Gap International Sourcing Limited
Marzoli Machines Textile s.r.l.
Thai Trade Center
Copenhagen Fashion Summit
Midas Clothing Limited

May 2022

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


Advanced Search