Bioworld Acquires Portland Accessories

Bioworld has announced its acquisition of Portland Accessories, a designer and licensee of headwear for global sports and lifestyle brands. The deal enhances Bioworld’s portfolio and the company’s ability to offer a broader range of headwear and other products to the sports and active lifestyle consumer. This also extends Bioworld’s partnerships into the sporting goods brand, product and retail space, building on the company’s strong market share in the apparel and accessories industry.  

“Our global capabilities will rapidly expand the product offerings and distribution reach of Portland Accessories,” says Raj Malik, chief executive officer, Bioworld. “Our scale will provide our brand and retail partners new levels of innovation, support and service. We are thrilled to partner with Portland and license some of the world’s most iconic brands to scale and grow in a rapidly expanding global market.”  

“Bioworld brings tremendous market expertise,” says Mike Caster, managing director, chief executive officer, Portland Accessories. “Their global infrastructure streamlines the entire production process from brand management and product development to manufacturing, supply-chain distribution and sales. This supports our brand and retail partner’s aggressive growth plans. We could not have picked a better partner.”