1 June 2002
Just Jeans has bought Melbourne-based fashion retailer Portmans from Bloom brothers Barry & Norman. Portmans has 86 shops and turnover of about $A100 million. It recently entered the New Zealand market, where Just Jeans is already established. Just Jeans, controlled by the Catalyst private equity group, also owns the Jay Jays and Jacqui E labels, and has turnover of more than $A500 million.