Marquee Brands LLC acquired the Body Glove brand and related intellectual property assets from Body Glove International. According to reports, the Meistrell family – twin brothers Bob and Bill Meistrell founded the company in 1953 – will retain a minority interest in the Body Glove brand and remain partners in the future growth of the brand.
Michael DeVirgilio, president of Marquee Brands, said, “There is tremendous growth ahead for Body Glove to develop new product categories that cater to a consumer that embraces life, the outdoors and an active lifestyle.”
In addition to its New York headquarters and London design office, Marquee Brands will also be opening a west coast office to support the Body Glove brand management and marketing teams. Body Glove is the third investment for Marquee Brands, following its acquisition of Italian luxury brand Bruno Magli and British fashion brand Ben Sherman.
“Body Glove is our first acquisition in the Active and Outdoor sector which will continue to be a focus area for Marquee moving forward.” said Zachary Sigel, director of Marquee Brands.
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