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Apparel Brands snaps up majority stake in kidswear label Hype

Fashion distribution company Apparel Brands has announced the acquisition of a 60 percent stake in kidswear label Hype, with the option to purchase the remaining 40 percent from the current owner, investor Sarjan Dulai. Dulai had previously taken over the brand via a pre-pack administration deal last year, which was then followed by the exit of...

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BusinessFeatured

Myer to acquire Premier’s Apparel Brands business

Australian retailer Myer is all set to acquire Premier’s Apparel Brands business in Australia and New Zealand consisting of Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E in exchange for the issue of new shares in the company. As part of the agreement, Premier will distribute its existing and new shareholding in Myer to shareholders and...

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