Max Azria

Pacsun Announces Executive Changes Effective June 15, 2023

Retrieved on: 
Thursday, May 18, 2023
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LOS ANGELES, May 18, 2023 /PRNewswire/ -- Pacsun today announced a series of leadership changes whereby Brie Olson, Pacsun Co-Chief Executive Officer and Board member, will be appointed Chief Executive Officer, effective June 15, 2023. Mike Relich will retire as Co-CEO and will continue to serve on the Pacsun Board of Directors in a new role as Vice Chairman. Russell Bowers will be appointed Chief Operating Officer and will continue to serve as Pacsun Chief Financial Officer, overseeing Finance, Operations, and Information Technology functions in his expanded role.  

Key Points: 
  • Mike Relich to Retire as Co-CEO; Will Transition to Vice Chairman on Pacsun Board
    Russell Bowers Appointed Chief Operating Officer; Will Continue to Serve as CFO
    LOS ANGELES, May 18, 2023 /PRNewswire/ -- Pacsun today announced a series of leadership changes whereby Brie Olson, Pacsun Co-Chief Executive Officer and Board member, will be appointed Chief Executive Officer, effective June 15, 2023.
  • Ms. Olson has over two decades of experience in the retail industry, including 17 years at Pacsun.
  • She has served as Co-CEO since March 2023, and before that as President and a Board member since May 2021.
  • During her tenure with Pacsun, Ms. Olson introduced Pacsun's first gender neutral collection, Colour Theory, and oversaw Pacsun's entry into the Kids' category with Pacsun Kids.

H.I.G. Capital Completes Acquisition of Pegasus Home Fashions

Retrieved on: 
Thursday, August 19, 2021
Other Retail, Banking, Manufacturing, Professional Services, Specialty, Department Stores, Other Manufacturing, Retail, Textiles, Home Goods, Finance, Company, Max Azria, Growth, Acquisition, MidCap Advisors, BDC, CLO, Latham & Watkins, Whitehorse, Investment, H.I.G. Capital, Carmine, Financial services

"), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Pegasus Home Fashions, Inc. (Pegasus or the Company).

Key Points: 
  • "), a leading global alternative investment firm with $45 billion of equity capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Pegasus Home Fashions, Inc. (Pegasus or the Company).
  • We are extremely excited to have the opportunity to work with the Pegasus team.
  • allows us to continue our rapid growth and find creative ways to better service our retail partners, said Carmine Spinella, Founder of Pegasus.
  • is a leading global private equity and alternative assets investment firm with $45 billion of equity capital under management.

Manhattan Beachwear, Inc. Announces New Global Partnership With BCBG Group

Retrieved on: 
Thursday, June 21, 2018
Max Azria, Fashion

CYPRESS, Calif., June 21, 2018 /PRNewswire/ --Manhattan Beachwear, Inc. is proud to announce a global partnership with BCBG Group.

Key Points: 
  • CYPRESS, Calif., June 21, 2018 /PRNewswire/ --Manhattan Beachwear, Inc. is proud to announce a global partnership with BCBG Group.
  • Manhattan Beachwear, Inc. will collaborate on the design and distribution of women's swimwear for BCBGMAXAZRIA and BCBGeneration.
  • Manhattan Beachwear is excited to take its expertise of the swimwear industry and create swim collections that reflect the modern, romantic style that is BCBG.
  • Kevin F. Mahoney, President and Chief Executive Officer of Manhattan Beachwear stated, "We are pleased and excited to enter into a partnership with Marquee Brands.