Gazal brothers are definately loking over the Oroton books now that they have off loaded their Bisley work wear brand to David Gazal holdings and that PVH have now increased their stake in Gazal to 19%.The Gazals have cash in the bank and are looking for a cheap brand to buy and Oroton fits that bill.
The Oroton brand will sit nicely into the PVH deal .....After all PVH ARE ONE OF THE WORLDS BIGGEST BRAND SUPPLIERS.
ORL Price at posting:
92.0¢ Sentiment: Hold Disclosure: Not Held