NEW YORK, June 16, 2017 /PRNewswire/ -- IHL Group, the New York based and globally recognized leader in the wholesale industry for intimates, sleep and legwear, today announced its exclusive, multi-year licensing agreement with Elie Tahari, LTD. to develop, produce and distribute men's, women's and children's sleepwear and intimates for the brand. Under the terms of the initial six year agreement, IHL Group will also have the exclusive wholesale rights for these collections to all channels including department and specialty stores throughout North America.
"We are beyond thrilled and honored to partner with Elie Tahari, as it is such an iconic and prestigious brand that has become synonymous with luxury styling and modern sophistication," said Sami Souid, President of IHL Group. "This exciting new partnership represents an important step for IHL Group in our ongoing strategy of enhancing our global brand portfolio and further establishing our presence within the intimates and sleepwear industry across all major channels."
Launching to the trade in the August 2017 market and positioned to hit stores in July 2018, the full collection will feature women's offerings such as luxurious, feminine and sophisticated bras, panties, and sleepwear with lace detailing and exclusive prints, as well as premium quality men's undergarments in soft comfortable fine fabrications. First year sales projections for the collection are expected to exceed $10 million at wholesale.
"We are delighted to partner with IHL Group on this exciting new category for our brand. IHL Group is a proven leader in the intimates and sleepwear industry and we look forward to a very successful partnership," said Elie Tahari, Chairman and CEO.
About IHL Group:
IHL Group is a New York City based, trend-driven lingerie company, specializing in missy and junior intimates, sleepwear and legwear. Over the past 10 years, IHL Group has securely positioned itself as a recognized manufacturer, wholesale importer, and distributor with a strong North American and global presence across all major channels. We pride ourselves in our ability to create successful, long-term relationships with partners worldwide. IHL Group's focus is to bring a fresh outlook to the fashion industry--invigorated by its specialized design and quality. To learn more about IHL Group, please visit www.ihlgroup.com or contact firstname.lastname@example.org.
About Elie Tahari:
Elie Tahari Ltd. is a privately-held corporation with a global presence on five continents, with more than 600 stores in over 40 countries. Additionally, Elie Tahari has freestanding collection boutiques in cities including New York, Las Vegas, Boston, Atlanta, East Hampton, Dallas and Boca Raton as well as Turkey, Qatar, and Poland. Elie Tahari has come to define modern sophistication with the brand's inspired collections of understated grace and elegance. To see the latest from the Elie Tahari Collection, please visit ElieTahari.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ihl-group-signs-licensing-agreement-with-elie-tahari-for-mens-womens-and-childrens-sleepwear-and-intimates-300474592.html
SOURCE IHL Group