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FOGAL: acquired by Swiss swimwear brand

SWISS hosiery brand Fogal, together with its network of retail stores, has been disposed of by its previous owner, the Gaydoul Group. The new owner is Swiss swimwear brand Lahco and all parties have agreed not to divulge the price of the deal. Lahco and Fogal worked together in 2014 to develop jointly a swimwear collection.



Both the hosiery and swimwear labels have encountered problems in recent years and the merger could well prove once again that the blend of two underperforming brands does not necessarily produce a more viable business.

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