Leverstyle Buys Delta Ind. Denim Business

Leverstyle (Hong Kong) has acquired the apparel business of Delta Industries Ltd., including the denim manufacturer’s customer and supplier relationships, staff, and sales and production pipelines. 

Delta makes men’s and ladies’ premium denim and washed products for customers such as Joie, Current Elliott, and the Kooples. 

“Adding denim into our existing product capability in shirts, pants, soft wovens, fashion and technical outerwear, sweaters, tailoring, and cut and sewn knit, we can service our customers on most of their apparel buying needs,” said Stanley Szeto, executive chairman.

“This is our third acquisition within this half year, as COVID has ironically allowed us to make faster progress on our acquisition strategy outlined in our November 2019 IPO,” he added.

Leverstyle is a specialist in working with digital native and Direct-to-Consumer brands.

NEWSWIRE

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