FINANCIAL REVIEW November 10, 2020 : 3.35pm by Sue Mitchell – Senior Reporter Womenswear retailer PAS Group is back on the acquisition trail, searching for new retail brands and licences after being acquired by entrepreneur Larry Kestelman’s private equity arm, Queens Lane Capital. PAS Group’s long-serving chief executive, Eric Morris, said the group, itself the…

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INSIDE RETAIL October 29, 2020 by Heather McIlvaine As PAS Group’s second biggest shareholder, Larry Kestelman believes the company already knows the changes it needs to make to compete in the current retail environment – cut costs, rev up online, revitalise stagnant brands – it just has to execute these changes more quickly. He’s betting…

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THE AUSTRALIAN 12:15PM September 22, 2020 by Bridget Carter – Dataroom Editor The private equity interests of Melbourne-based entrepreneur Larry Kestelman are believed to be close to striking a deal to buy the Australian fashion retailer Pas Group. Mr Kestelman, who founded the internet company Dodo and owned the Melbourne United basketball team, had earlier…

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INSIDE RETAIL WEEKLY April 3, 2018 By Matthew Elmas PAS Group has linked a deal with Russell Athletic that will see its wholesale arm Designworks take over the product design, sourcing and marketing of the brand to its retail partners from 2019 onwards. The deal with further expand Designworks’ portfolio of sportswear brands, which includes Lonsdale,…

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INSIDE RETAIL WEEKLY January 15, 2018 By Jo-Anne Hui-Miller BIO: Eric Morris has been CEO since the inception of PAS in 2005 and has led eight of the Group’s acquisitions and the successful integration of these businesses. Morris was appointed to the Board of The PAS Group Limited on 9 May 2014. Eric has over…

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INSIDE RETAIL WEEKLY Issue 2165 By Dimitri Sotiropoulos After a busy year navigating a US takeover bid and battling a long list of macroeconomic factors fashion retailer PAS Group has sets its sights on a raft of growth opportunities. In June earlier this year, the company received a second on-market takeover bid from US firm…

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RAGTRADER Swimwear label JETS is a key focus for international expansion by PAS Group, Ragtrader can reveal.  PAS Group CEO Eric Morris said the swimwear label, which was acquired in late 2015, has been achieving online sales growth of 200%.  Morris confirmed the brand will be targeted heavily toward the US consumer through online and wholesale,…

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RAGTRADER by Josh McDonnell The PAS Group has released its sales results for the half year that ended 31 December 2016, posting a sales increase of 4.6% and a total of $135.7 million. Retail sales grew 7.3% to $71.9 million, which was attributed to store openings both during this period and the FY2016, as well…

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