PAS Group acquires Jets

RAGTRADER Australian swimwear label Jets has been snapped up by retail juggernaut The PAS Group. The acquisition was reportedly funded by PAS’s existing cash and a margin of its undrawn debt facility and is expected to be immediately earnings accretive. PAS targeted the swim and activewear label due to its high margin business which records…

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PAS Group acquisition

RAGTRADER The PAS Group has acquired online occasion-wear business White Runway after it reported a 100 per cent revenue increase FY2015. The Sydney-based company offers around 400 styles of dresses in an extensive range of colours and size options in a bid to cater to a growing and international customer base. PAS CEO Eric Morris…

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Media Release THE PAS GROUP ACQUIRES WHITE RUNWAY The PAS Group Limited (PAS, ASX: PGR) announces that it has acquired White Runway, an online occasion-wear business selling ready to wear and made to measure bridal party, mother of the bride and formal dresses. Founded in Sydney in 2011, it offers more than 400 styles of…

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SMART COMPANY : GROWTH : Kirsten Robb PAS Group chief executive Eric Morris says the labels it picked up from troubled retailer Pacific Brands will be profitable under his company’s more simplistic infrastructure. The recently-listed company, which owns successful fashion brands Metalicus and Review, has acquired stock and licensing rights to sport brands Dunlop and…

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The PAS Group ASX Listing

Media Release NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO U.S. PERSONS THE PAS GROUP ASX LISTING The PAS Group Limited (PAS), a leading Australian apparel business with a diverse portfolio of brands and products serving a broad customer target market, is expected to commence trading on the Australian Securities Exchange (ASX)…

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RAGTRADER PAS Group has reportedly raised $120 million in an initial public offering – but here’s what you didn’t know about the fashion brand house. 1. It’s a new kid on the block The group was only established in November 2004 with the intention of creating a diversified portfolio of successful fashion businesses across retail, e-commerce and…

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