On October 31st Halloween, PVH Corporation agreed to acquire the Warnaco Group. PVH Corp is an American apparel company that owns brands such as Tommy Hilfiger, Van Heusen and Izod. Warnaco is a New York-based company that designs, markets, and distributes brands including Calvin Klein and Speedo (USA).
So it appears that Speedo USA will fall under a different corporate umbrella as the US$2.8 billion cash and stock transaction closes in 2013.
Casual wear, jeans, underwear, swimwear and goggles: sounds like open water swimmers can now purchase much of their attire from one company now.
Speedo International, the manufacturer, distributor and licensor of Speedo swimwear and swim-related accessories, is a subsidiary of Pentland Group, and a sponsor of many open water swimming events and swimmers of various ages worldwide.
The Speedo brand is manufactured for and marketed in North America as Speedo USA by the Warnaco Group until the PVH Corporation is completed.
The Pentland Group plc is a privately held UK-based corporation that owns Speedo, Ellesse, Berghaus, Boxfresh, Mitre, Red or Dead, Franco Sarto, Radcliffe, Ted Baker Footwear, KangaROOS, One True Saxon, Brasher, Clerk & Teller and Gio-Goi, and is the worldwide licensee for Lacoste and Ted Baker footwear.
Photo by Jacques Marais shows start of the Speedo Ice Swim in South Africa.
Copyright © 2012 by Open Water Source
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