AUSTRALIA: KKR makes Pacific Brands approach
By Petah Marian | 10 January 2012
Shares in Australian troubled underwear manufacturer Pacific Brands shot up today (10 January) as the company received an unsolicited approach from private-equity firm Kohlberg Kravis Roberts.
Join now for increased access
If you're already a member, login here.
More articles related to this one
AUSTRALIA: Pacific Brands pays down $25m debt
Troubled Australian apparel and footwear group Pacific Brands has cut its debt by A$25m due to stronger cash flow and the sale of two surplus properties.
AUSTRALIA: Pacific Brands appoints Bush as chairman
Pacific Brands' chairman James MacKenzie has decided to step down from his role at the Australian apparel manufacturer.
AUSTRALIA: Pacific Brands abandons takeover talks
Apparel and footwear business Pacific Brands has abandoned talks over a possible sale of the company, and warned that earnings will be "materially down" for the rest of the fiscal year.
Market research related to this article
Profile of Pacific Brands
Pacific Brands is a large manufacturer and distributor of clothing and workwear with over 30 major brands in its portfolio and around 6,500 employees. This profile provides information and analysis of Pacific Brands' operations and its attempts to tr...
Hosiery in Australia
Market leader Pacific Brands was negatively impacted in hosiery in 2011 with tough retail conditions and delisting from mass merchandiser Kmart taking their toll on the company’s annual revenue and brand shares. In an effort to concentrate on a lower...
Men's Outerwear in Australia
Cautionary consumer behaviour impacted upon sales of men’s outerwear in Australia as shoppers opted to save their money by cutting down on discretionary spending and engaging with discounting across multi-channel formats. With personal savings levels...