Underwear maker Hanesbrands said it will buy former sister company DBApparel in a deal valuing the company at 400 million euros ($545 million) on an enterprise basis, bringing back together two global lingerie brands.
American Securities LLC has bought a majority stake in Frontier Spinning Mills Holding Corp, the second-largest U.S. yarn producer, taking advantage of low energy costs and booming yarn exports to China.
Private equity firm KKR & Co LP has withdrawn from the bidding process for Jones Group, two people familiar with the matter said, raising questions over the prospects of the auction for the fashion and footwear company.
Apparel Holding Corp, controlled by Sun Capital Partners Inc, filed with U.S. regulators on Tuesday to take its Vince luxury apparel company public in an initial public offering valued at up to $200 million.
Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by private equity firm Sun Capital, has selected Goldman Sachs Group Inc and Robert W. Baird & Co to lead the IPO, the sources said on M...