Most investors would probably steer clear of the threadbare clothing manufacturing sector, where margins are still being frayed by cheaper imports.But specialist retailer Holdsport, which owns the Sportsmans Warehouse and Outdoor Warehouse chains, has sewn up a deal to take over African Nature, a manufacturer of cotton-based clothing for the game lodge and safari markets.The deal could enhance its wholesale offering, which stems from its specialist clothing manufacturing capability in Performance Brands.African Nature is an established company, founded more than 22 years ago by entrepreneur James Terblanche, whom Holdsport intends retaining as executive manager.The deal should slot comfortably into Holdsport’s existing specialist clothing interests in Performance Brands, which manufactures and markets the strong-selling First Ascent sports and outdoor clothing brands.While small compared with Holdsport’s core retail offering, Performance Brands has been a surprisingly good profit co...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.