SGCompanies Buys Sleepwear Licensee

 

Apparel and footwear licensee SGCompanies has acquired sleepwear licensee The Wormser Company from SaraMax.

“The acquisition of the Wormser division from SaraMax adds tremendous equity to our SGI Apparel Group’s sleepwear division with expansion into new channels of distribution,” says Bernard Leifer, president and chief executive officer, SGCompanies. “In addition to immediate growth potential into these channels, we also hired several key staff members that will be instrumental with the integration of the division and provide a seamless transition.” 

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