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After Challenging Year, Aritzia Forges Into Menswear With Reigning Champ Acquisition

After Challenging Year, Aritzia Forges Into Menswear With Reigning Champ Acquisition
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Aritzia accelerates expansion into men's with acquisition of premium athletic wear brand Reigning Champ

Aritzia accelerates expansion into men s with acquisition of premium athletic wear brand Reigning Champ
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VANCOUVER, BC, June 14, 2021 /PRNewswire/ - Aritzia (TSX: ATZ) ( Aritzia ), a vertically integrated, innovative design house offering Everyday Luxury online and in its boutiques, is accelerating its product expansion strategy for men s through a definitive agreement to acquire Reigning Champ, a leading designer and manufacturer of premium athletic wear. Aritzia will acquire 75% of Reigning Champ based on a total enterprise value of approximately $63 million, with the remaining 25% equity interest purchased through 2026.
Reigning Champ (CNW Group/Aritzia Inc.)
Reigning Champ (CNW Group/Aritzia Inc.) ....

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Reigning Champ Is Now Majority-Owned By Womenswear Brand Aritzia

Reigning Champ Is Now Majority-Owned By Womenswear Brand Aritzia
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