Announced
Financials
Sources
Tags
Pending
Natural
fashion brand
Acquisition
United Kingdom
Apparel Retailers
Private
menswear
Single Bidder
Synopsis
The Oasis and Warehouse Group, which designs, produces and retails women’s clothing and fashion accessories and operates own retail outlets channels in the United Kingdom and Europe and franchisees in Europe, the Middle East, the Far East, and South America, acquires The Idle Man, a British online menswear fashion brand. Financial terms were not disclosed. “We are delighted to welcome Oliver and the team at The Idle Man to the Group. This is an exciting acquisition for us. We can bring scale to The Idle Man’s proposition as well as infrastructure support, and the brand allows us to tap into the growing demand for fashionable menswear through a credible and well-established brand. The Idle Man’s team will bring invaluable expertise to the Group and I am looking forward to working with them.” Hash Ladha, Oasis and Warehouse Group, CEO.
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