RNF acquires Mexx fashion brand

20 Aug '17

1 min read

Courtesy: Mexx

RNF, the Dutch sports and fashion holding, has purchased the global fashion brand Mexx from Eroglu Holding - one of the largest holding companies in the field of apparel and real estate. The acquisition of Mexx has been incorporated into the newly formed Mexx International BV, under the RNF Holding umbrella. Terms of the transaction have not been disclosed.

The transaction also includes Mexx Perfumes, however, it does not include any Mexx retail operations worldwide. The transaction was closed on July 12, 2017.

For Eroglu, this transaction is in line with its strategy of refocusing their apparel and accessories business on their core brands Colin's and Loft. Colin's operates 600 stores in 38 countries, while Loft has 86 stores in 10 countries.

Mexx is an international lifestyle brand of Dutch origin and designs clothes, shoes and accessories for men, women and kids. The brand is based in the Dutch city of Amsterdam. It is engaged in marketing, wholesale and licensing of fashion products in the mid-priced, contemporary market segment.

RNF is a Dutch holding for fashion accessories, footwear, and apparel companies. The international portfolio of RNF companies is active in the design and sales of branded and non-branded products. (KD)

Fibre2Fashion News Desk – India

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