Elie Tahari Signs Licensing Agreement with IHL Group

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Elie Tahari Signs Licensing Agreement with IHL Group

IHL Group, the New York-based and globally recognized leader in the wholesale industry for intimates, sleep and legwear, signed an 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.