THE AUSTRALIAN:  Teresa Ooi PAS Group, backed by Deutsche Bank’s private equity arm, has bought three clothing and fashion accessories brands – Fiorelli, Capelle and Review. The purchase of the Melbourne-based companies for an undisclosed sum will beef up PAS’s wholesale apparel business for a possible float or sale of its assets in the next three…

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HERALD SUN Fashion brands Fiorelli, Review and Capelle have been snapped up by the PAS group, an apparel wholesaler backed by Deutsche bank’s private equity arm. The PAS Group chief executive Eric Morris said yesterday the businesses provided excellent opportunities for further growth and a base to build synergies across the company’s portfolio. “They have…

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RAGTRADER:  Tracey McEldowney MELBOURNE: Pacific Apparel Solutions (PAS) is again flexing its acquisition muscles. The Victorian-based wholesaler last week signed an agreement to purchase popular childrenswear label Chino Kids in what is its fifth major purchase in the past two years. The group’s existing brands include Yarra Trail, Black Pepper, Yvonne Black, Marco Polo, Capital M…

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INSIDE RETAILING WEEKLY Clothing business backed by Deutsche Bank. Deutsche Bank has appointed a former Myer director, Eric Morris, to develop a new clothing business for a public listing on the Australian Stock Exchange. Deutsche Bank currently has a majority stake in two clothing brands, Yarra Trail and Breakaway, and is negotiating with up to…

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THE AUSTRALIAN:  Katherine Jimenez Deutsche Bank is aiming to build a substantial presence in the fragmented clothing wholesale market through a new retail brand wholesale company, Pacific Apparel Solutions, and then sell it to the public. Former Myer director Eric Morris was recently recruited to head the company, after it acquired the majority interests in clothing…

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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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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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