Randa news and archive

Marquee partners with Randa to acquire Totes and Isotoner brands

Marquee Brands and Randa Apparel & Accessories (RAA) have jointly acquired Totes Isotoner Corporation, the manufacturer of weather-related accessories, including umbrellas, gloves, and seasonal footwear. Through the acquisition, Marquee becomes the global owner of the Totes and Isotoner brands, while RAA comes on board as Marquee's core...

Business

Perry Ellis ends talks with Randa

Everything's coming up nothing for Randa. Perry Ellis has announced they have ended talks with the accessories maker about a potential deal to be bought by them. Instead, Perry Ellis will be sticking with the original offer by its second-largest shareholder and founder George Feldenkreis as reported by Business of Fashion. Perry Ellis made the...

Business

Perry Ellis receives takeover proposal from Randa

Perry Ellis International’s board of directors has confirmed receipt of a non-binding, unsolicited proposal from privately-held Randa Accessories Leather Goods LLC to acquire 100 percent of the fully diluted common stock of Perry Ellis for 28 dollars per share in cash. Recently, on June 16, Perry Ellis unanimously approved a 437 million dollars...