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Aritzia Accelerates Men’s Expansion With Reigning Champ Deal

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Aritzia is accelerating its product expansion strategy for men’s through a definitive agreement to acquire Reigning Champ, a designer and manufacturer of premium athletic wear. Aritzia, a vertically integrated, innovative design house offering “everyday luxury” online and in its boutiques, will acquire 75 percent of Reigning Champ based on a total enterprise value of approximately…

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