ENFR

Adrian Cheng’s C Ventures makes investment in Bandier

October 2017

With six stores and a burgeoning e-commerce business that accounts for half of total sales, Bandier has influenced the ath-leisure category since opening its first store in the Hamptons in the summer of 2014. From the start, husband-and-wife founders Jennifer Bandier and Neil Boyarsky offered stylish activewear from an assortment of global brands. To build a loyal customer following, the retailer hosts talks, special events and on-site fitness classes. Accessories, footwear and limited-run products are also part of the company’s assortment.

Headed by cultural entrepreneur and K11 founder Adrian Cheng, C Ventures is a new venture capital fund that focuses on connecting emerging fashion, media and creative businesses for the next generation. With an expanding portfolio, C Ventures strives to map out a cultural ecosystem to meet the fast-changing needs of global millennials and Gen Z. C Ventures also benefits immensely from Cheng’s expansive scope of businesses in China and Asia, which include world’s largest jewellery chain Chow Tai Fook, cultural enterprise New World Group, world’s first museum-retail concept K11, international hospitality group Rosewood Hotels & Resorts, luxury fashion distributor Luxba and leading Chinese media group Modern Media. C Ventures was founded in 2017 and is currently managed by Cheng and his business partner Clive Ng.

Ohana & Co. acted as exclusive financial advisor to C Ventures.

Related Transactions

Mally Beauty, the iconic color cosmetics brand, has signed an agreement with Guthy-Renker for a minority investment. Founded in 2005 by celebrity makeup artist Mally Roncal, Mally Beauty quickly established as a top contender in the beauty industry. After spending 15 years on the road with some of the biggest celebrities in the world, Mally Roncal created Mally Beauty, a collection that infuses her knowledge, expertise, and techniques into every formula. The collection first debuted on QVC in March 2005, where it sold out within 40 minutes breaking records for the retailer. Mally Beauty is currently available on QVC and at Ulta Beauty and Kohl’s Department Stores. Mally Beauty is majority-owned by TPR Holdings. Guthy-Renker, one of the world’s largest and most respected direct marketing companies, will start developing a Mally Beauty marketing campaign to expand channels in which Mally Beauty products can be purchased direct to consumer, including television and e-commerce.replique montre

Read more

Dotdash completed the acquisition of MyDomaine from Clique Brands. Clique is the parent company of leading digital fashion brand Who What Wear and was founded by Katherine Power and Hillary Kerr in 2006. Named to Fast Company's most innovative companies list in 2017 and as Digiday’s most innovative publisher in 2018, Clique is a global media and consumer brands company that combines the power of data science with its expert editorial team to create content and products that millennial women and Gen Z girls crave. Ohana & Co. acted as exclusive financial advisor to the seller, Clique Brands.

Read more

Delta Galil Industries, Ltd. (TLV:DELT), a global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear and active wear, has acquired the P.J. Salvage brand and other assets of California-based Loomworks Apparel, Inc., a leading sleepwear, loungewear and intimates manufacturer and distributor with an international following. P.J. Salvage is widely known for chic style and luxury fabrics, and pioneered the crossover of bedroom fashion into loungewear and everyday wear. The brand’s meticulous attention to detail, superior quality, rich fabrics and flattering fit have made P.J. Salvage a favorite among celebrities and the fashion-minded. Its “California cool” sensibility is featured in leading high-end department store chains and specialty boutiques. Since its inception in 1975, Delta Galil has continually strived to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. The company generates sales of over $1 billion dollar. Ohana & Co. acted as the exclusive financial advisor to Delta Galil Industries.

Read more