Importer and distributor of women's garments, Nitches Inc, on Friday said it had acquired a 28 per cent interest in Designer Intimates Inc, owner of New York-based intimate apparel company Nap Inc.

Nap is a leading designer, marketer and distributor of women's sleepwear, robes, loungewear and daywear. It owns the trademark Anne Lewin and is also a private label supplier to certain retailers such as Victoria's Secret and Disney.

Nitches said Nap also has a joint venture with the French brand Princesse Tam Tam to market, sell and distribute the collection in the US, while the deal will see Nitches chairman Steven Wyandt join the boards of Nap and Designer Intimates.