TGA Magazine | Randa Luggage ED by Ellen Degeneres
Randa Luggage featured ED by Ellen DeGeneres at booth 553 at the Travel Goods Show in Las Vegas. March 26-28, 2019.
Tata Accessories Expanding Capacity by 30 Percent
From WWD:
The belt factory in Guatemala operates under CAFTA with no duties imposed for products imported into the U.S.
By Jean E. Palmieri on March 14, 2019
Tata Accessories Globales, the world’s largest men’s and women’s belt factory and an affiliate of Randa Accessories, is expanding its facility by nearly one-third and beefing up its workforce. The move is intended to “meet the growing demand for accessories’ top-performing category,” the company said.
As part […]
Taking on the Tough Task of Making Store Floors Look Good
March 12, 2019,
Market Connect Group, which offers in-store services to retailers, has bulked up its employee roster through the acquisition of Merchandise Management Company.
BLOOMFIELD, N.J.—Market Connect Group, a company that provides in-store services such as visual merchandising for retailers and often on behalf of brands, has acquired Merchandise Management Company, a player in the same field.
MCG sends teams of regional employees to stores to […]
World’s Biggest Belt Factory Gets Bigger
From MR Magazine:
Tata Accessories Globales, the world’s largest men’s and women’s belt factory, is rapidly expanding its footprint and production capacity to meet the growing demand for accessories’ top-performing category.
Founded in 1985, and tangible success in the belt business, Tata embarked on a major expansion in 2018. “Due to our success over the last few years, we […]
A New Miracle on 34th Street?
From The Robin Report:
By David J. Katz
The 28-acre mixed-use Manhattan real estate development will open nearly one million square feet of retail space on March 15. With 18 million square feet of residential and commercial development, five office towers including a 1,100-foot tall skyscraper with the city’s highest outdoor observation deck, the complex will ultimately include 4,000 condominiums, a hotel, and an art and music venue. Dining options include […]
Randa Leads New Investment Round In Stantt
(Excerpt from Mr-Mag)
Custom shirt brand Stantt has announced that it has closed a multi-million dollar round of Series A financing. Led by menswear accessories giant Randa, the round included participation from the family office of retail pioneer New England Development, emerging brands specialist CompanyFirst, Sapna Shah of Red Giraffe Advisors, and serial entrepreneur John DeWees.
The Series A financing will […]
Getting by with a little help from RFID
Article extracted from DC Velocity. How do you keep track of the literally tens of millions of items—belts, neckties, wallets, and the like—flowing through your distribution facilities each year? That was the question faced by Randa Logistics, the fulfillment arm of Illinois-based Randa Accessories, which describes itself as the world’s largest men’s accessories company.
Like many businesses, Randa Logistics was sometimes challenged with determining precisely where products were […]
Announcing the Radicals Awards Finalists
Written by the Robert Report.
It is my great pleasure to announce the 10 Finalists of the 2019 Radicals Awards. A year ago, we announced the inaugural Radicals Awards in collaboration with SAP, to seek out and identify radical and innovative thinkers and doers, exclusively in the legacy or traditional brands and retail industries. Our premise was to celebrate the innovators within the legacy world who are driving fundamental transformation […]
10+ Predictions for 2019
(excerpted from the Robin Report and written by David J. Katz)
In 2019, regardless of size, tenure or segment of business retailers, brands and suppliers must recognize that they can no longer navigate the new landscape with their old maps. Tomorrow’s winners will be nimble, data-driven, fast to market, and highly efficient.
Tomorrow’s champions will have the foresight, fortitude and fearlessness to disrupt their own identity and historical path to success to […]
Randa Announces Offer to Acquire Perry Ellis International, Inc.
NEW YORK CITY – – Randa Accessories, the world’s leading men’s accessories company, announced today that it has made a non-binding proposal to acquire 100% of the outstanding common shares of Perry Ellis International, Inc. (NASDAQ: PERY) at a price of $28.00 per share. The proposal was made following the previously announced merger agreement between Perry Ellis and a newly formed entity controlled by its founder and director, George Feldenkreis, […]