Morris makes his mark

RAGTRADER:  Tracey McEldowney In little more than 18 months, Victorian wholesale group Pacific Apparel Solutions has acquired four thriving apparel concerns for its stable. But is there more to this strategic power play than meets the eye? Tracey McEldowney reports. At first glance Eric Morris doesn’t strike you as the overly-aggressive type. It is hard to…

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08/05/2006 THE AUSTRALIAN FINANCIAL REVIEW:  Simon Evans A former Myer executive with a war chest of more than $50 million is eyeing acquisitions to add to an existing stable of four clothing companies backed by a Deutsche Bank private equity fund. Pacific Apparel Solutions is positioning itself as a mini version of listed rival Pacific Brands,…

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PAS buys Hopkins Group

Inside Retailing Weekly Fourth major acquisition in 18 months. Pacific Apparel Solutions has purchased The Hopkins Group and its Marco Polo, Capital M and Sirocco labels. The Hopkins Group is PAS’s fourth major acquisition in 18 months, following its purchase of Yarra Trail, Breakaway and its Black Pepper and Yvonne Black labels, and Design Works, which supplies product for…

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RAGTRADER:  Tracey McEldowney Victorian wholesaler Pacific Apparel Solutions (PAS) has purchased Sydney-based company The Hopkins Group for an undisclosed sum. The sale, agreed last week (April 12), includes all stock and inventory but excludes the group’s Alexandria-based building, which is owned by a private investor. Under the conditions of the settlement, The Hopkins Group – which…

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THE AGE:  Renee Switzer Retail brand wholesale company Pacific Apparel Solutions is indulging in its own shopping spree, securing four major acquisitions in 18 months as it prepares to float. The company, backed by DB Capital Partners, the private equity division of Deutsche Asset Management (Australia) Limited, announced yesterday it had bought Sydney-based The Hopkins…

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Clothing – Float envisaged

THE ADVERTISER A float could occur as early as 2007 of wholesale clothing company Pacific Apparel Solutions, owned 80 per cent by Deutsche Asset Management’s private equity arm, DB Capital Partners. Chief executive Eric Morris said Pacific was likely to buy between one and four more labels before a float, depending on how much value…

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Float may suit apparel group

HERALD SUN:  Fleur Leyden A $200 million-plus float of wholesale clothing company Pacific Apparel Solutions could be on the cards as early as next year. The company, which is 80 per cent-owned by Deutsche Asset Managements’ private equity arm, DB Capital Partners, has beefed up its stable of brands by acquiring The Hopkins Group. The…

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MEDIA RELEASE Pacific Apparel Solutions (PAS) is fast becoming one of Australia’s largest wholesale apparel companies by today announcing the purchase of Sydney-based company The Hopkins Group for an undisclosed sum. The Hopkins Group has had long-standing success operating in the domestic apparel sector, producing popular up-market labels such as Marco Polo, Capital M and Sirocco. The latest…

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