Chargeurs Fashion Technologies, the world's second-largest apparel interlinings manufacturer, is acquiring Precision Custom Coating's interlinings business. The acquisition consisting of a share deal of PCC Asia and an asset deal of the PCC USA interlinings business carveout, is expected to result in no redundancies and be completed by the end of 2018. The acquisition will expand Chargeurs Fashion Technologies’ global footprint and propel the business into new technical performance wear categories, such as outerwear, performance apparel and athleisure, as well as intimate apparel.
Chargeurs Fashion Technologies currently works with luxury, ready-to-wear and fast-fashion brands that include Chanel, Gucci, Hermès and Uniqlo. The company, since 2015, has been executing a strategy that involves a more selective marketing approach. It has been systematically upscaling its offerings, showcasing them in new showrooms in Paris, New York and Milan.
Angela Chan, managing director and president of Chargeurs Fashion Technologies, will oversee the company’s worldwide expansion. Chan is an industry leader with expertise across sourcing, business development, merchandising, product development and multichannel retail in North America and Asia. Also, current the CEO of PCC, Scott Tesser will join Chargeurs Fashion Technologies as Chief Sales Officer and will be responsible for the combined entity’s global sales strategy.
