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Gargoyles: sunglass acquisition announced

On 10 March, Gargoyles, the US performance eyewear company, announced an agreement to acquire Sungold I-Wear, which has the exclusive rights to manufacture sunglasses under the Stussy and Anarchy bran…

On 10 March, Gargoyles, the US performance eyewear company, announced an agreement to acquire Sungold I-Wear, which has the exclusive rights to manufacture sunglasses under the Stussy and Anarchy brand names. The acquisition will allow Gargoyles to leverage its existing operations, while adding popular brands to the Gargoyles range, which target the youth market, a new consumer group for the company. The acquisition is expected to be accretive immediately.

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