USA: Bernard Chaus Agrees SL Danielle Deal
Women's sportswear designer and marketer Bernard Chaus Inc on Tuesday acquired certain assets of SL Danielle, a privately held manufacturer of moderately priced women's clothing based in New York City. Chaus said in a news release the acquisition will provide it with "new capabilities in the private label arena and create a platform for expansion into the moderate segment of the women's clothing market". Financial details were not disclosed.