Thursday, February 14, 2008

Asian companies eyeing US apparel buys this year

Apparel companies from Hong Kong, China and Japan are currently looking to acquire US apparel brands this year, according to executive interviews conducted by mergermarket.

Acquirers, either previously reported or cited in this article, could include listed Hong Kong-based entities Golife Concepts, Li & Fung, Lawsgroup, Bosideng International Holdings and Esprit Holdings, as well as listed Tokyo-based Fast Retailing, among others.

Potential US targets could include, according to prior reports, private New York-based apparel businesses such as Michael Kors, Anna Sui, Catherine Malandrino or Tuleh, and private Vernon, California-based AZ3 which makes clothing under the BCBG Max Azria and Herve Leger brands, as well as private San Diego-based Gordon Rush and listed Florida-based Perry Ellis, to name a few.

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