Aussie bikini brand Seafolly buys struggling rival JETS swimwear – 9News
Iconic Aussie swimwear brand Seafolly has purchased rival brand JETS in a strategic move to help lift both companies out of voluntary administration. Seafolly collapsed into receivership in late June, before it was sold to American-owned private equity company L Catterton by administrators KordaMentha. JETS swimwear suffered a similar fate in May, when its parent…