Speedo Maker to Buy Cole, Catalina: Authentic Fitness Corp., a Van Nuys-based apparel maker whose products include Speedo swimwear, said it has agreed to buy the two swimwear lines from Taren Holdings Inc., a privately held Los Angeles company that filed for Bankruptcy Court protection a month ago. The price was not disclosed. The purchase would also include Taren’s Colonial unit, which makes private-label apparel. Authentic Fitness said it expects to complete the deal within two weeks. Taren is controlled by the New York investment firm Odyssey Partners.
From Times Staff and Wire Reports