Bioworld Acquires Portland Accessories
Dallas-based fashion manufacturer and distributor Bioworld has acquired Portland Accessories, a designer and licensee of headwear for global, sports, and lifestyle brands.
“Our global capabilities will rapidly expand the product offerings and distribution reach of Portland Accessories,” said Raj Malik, Bioworld CEO. “Our scale will provide our brand and retail partners new levels of innovation, support, and service. We are thrilled to partner with Portland and license some of the world’s most iconic brands to scale and grow in a rapidly expanding global market.”
The acquisition expands Bioworld’s sporting goods market share and athletic wear licensing capabilities. “Bioworld’s global infrastructure streamlines the entire production process from brand management and product development to manufacturing, supply-chain distribution, and sales,” Portland Accessories CEO and Managing Director Mike Caster said. “This supports our brand and retail partner’s aggressive growth plans. We could not have picked a better partner.”