Randa Accessories news and archive

Randa Accessories to acquire Haggar Clothing

Randa Accessories, the centenary company making leather goods, headwear, jewelry luggage and other accessories for brands like Hanes, Guess and Jessica Simpson, has entered a definitive agreement to acquire 100 percent of menswear label Haggar Clothing Co. The transaction is expected to close within 45 days. Haggar operates over 80 stores and an...

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Perry Ellis stresses commitment to Feldenkreis deal

After Randa Accessories made a bid for Perry Ellis with an all cash deal of 444 million dollars, Perry Ellis announced this morning that they are stressing their investors to stick with the original Feldenkreis deal of 437 million dollars that would be done through debt and equity. The news was reported by Reuters. The issues Perry Ellis...