FinanceNews

Wacoal Is Using Its $33 Million Glamorise Acquisition to Reduce Department Store Reliance

Wacoal International Corporation (WIC), the US parent of Wacoal America, has announced the acquisition of all issued and outstanding shares of Glamorise Foundations, Inc., a New

Wacoal Is Using Its $33 Million Glamorise Acquisition to Reduce Department Store Reliance and Go Direct to Consumers in the U.S.
FinanceNews

Wacoal Is Using Its $33 Million Glamorise Acquisition to Reduce Department Store Reliance

Credit: Wacoal

Wacoal International Corporation (WIC), the US parent of Wacoal America, has announced the acquisition of all issued and outstanding shares of Glamorise Foundations, Inc., a New York based women’s innerwear brand with 105 years of size inclusive innovation and a primarily e commerce driven business model. The deal, valued at approximately $33 million (5.3 billion yen), will be funded entirely in cash through Wacoal Direct Corp., a subsidiary of WIC, and is expected to close imminently.

More from Finance

Featured Events

LTK Con 2026 promotional artwork featuring Emma Grede

LTKCon 2026

LTK Con 2026 brings fashion, beauty, retail, and creator-commerce leaders to Dallas, August 25–27, with headliner Emma Grede and programming from LTK, Gap, Meta,…

London Fashion Week runway presentation

London Fashion Week (Autumn)

London Fashion Week's September edition presents Spring/Summer collections from leading British and international designers. One of the four pillars of global fashion month, LFW…

Recommended Articles