News this week: U.S.-based B2B media company Advanstar
Global LLC announced its agreement
to buy fashion trade show organiser ENK
International for an undisclosed fee. ENK and Advanstar Communications will
continue to operate as separate business entities upon completion of the
acquisition.
ENK organises several leading fashion trade shows worldwide
which take place in New York, Las Vegas, and across Europe and Asia. These
include the New York-based Fashion
Coterie, Intermezzo and Accessorie
Circuit, as well as ENK Mode Shanghai
and ENK’s own pavilion at the China
International Clothing & Accessories Fair (CHIC) in Beijing.
Joe Loggia, CEO of Advanstar Global, said, “Having ENK,
MAGIC and PROJECT within the same family of companies provides the fashion
industry a choice of intimate and customised environments that satisfy their
market needs. Moreover, Advanstar Global has made significant investments in
new technology that will enable our company to further drive value, service and
solutions across the entire fashion marketplace.”
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