Hop Lun Acquires Rainbow West Apparel
We are excited to announce our recent acquisition of Rainbow West Apparel ("RW Designs"), a woman and minority-owned swimwear company based in Los Angeles. This strategic partnership represents a significant step forward for us as we continue to expand and better serve our retail partners in the US market.
With RW Designs' extensive experience in swimwear, outerwear, intimates, activewear, and loungewear, we are confident that this collaboration will bring valuable sample and design capabilities to our customers, offering greater flexibility and shorter lead times. This acquisition aligns perfectly with our vision to provide innovative solutions and exceptional services to our clientele.
Esther Maya, Co-Founder and CEO of RW Designs, expressed her enthusiasm about joining the Hop Lun family, highlighting the opportunity to leverage our vast resources and manufacturing scale across multiple countries. Together, we aim to enhance our offerings and ensure consistency in serving our customers' needs.
At Hop Lun, we see this acquisition as a catalyst for growth and evolution. We are dedicated to identifying new opportunities for expansion, both organically and through strategic M&A initiatives. Our commitment to excellence remains unwavering as we work alongside our leadership team to drive innovation and success in the industry.
We extend our gratitude to the legal counsel provided by Latham & Watkins LLP and the financial advisory services from Montminy & Co during this acquisition process. We look forward to a bright future ahead as we continue to uphold our position as a global leader in intimate apparel and bra solutions.
About RW Designs
RW Designs, a premier private label design house and manufacturer in Los Angeles with over 30 years of experience, embodies feminism, diversity, and inclusive designs for individuals seeking comfort and style.