Randa Accesories acquires Menswear

Randa Accessories, the centenary company making leather goods, headwear, jewelry, luggage, and other accessories for brands like Hanes and Guess has entered a definitive agreement to acquire 100 percent of menswear label Haggar Clothing Co. Haggar operates in over 80 stores and an e-commerce in North America, as well as working with a network of more than 10,000 wholesalers.

This acquisition allows Randa to bring its existing expertise to adjacent brands, channels of distribution, and product classifications. This transaction brings together two successful, financially strong, and complementary businesses to better serve our retail and brand partners, our associates, and our consumers.

Haggar will continue to be based in Dallas and be led by its current management team. Founded in 1910, Randa Accessories is a global accessories company with a portfolio of 50 brands operating in 11 countries. Haggar was founded in 1926 and is best known for its fine dress pants and slacks for men.