Australian premium lifestyle brand Trent Nathan has passed hands from Gazal Corporation to Voyager Distributing Company.
The 50-year-old label was originally acquired by Gazal from the Trent Nathan Group in 2003 and has since operated as a branded license business.
Under the transfer agreement, Gazal retained rights in perpetuity to design, wholesale products and manufacture of Trent Nathan brand men's business shirts. All other intellectual property rights and licensing arrangements have been handed to Voyager.
Gazal has stated that the transfer will make no material impact to its earnings as the Trent Nathan brand was not the focus of its selling operations. Gazal operates brands including Lovable, Van Heusen and Calvin Klein underwear.
Trent Nathan offers a womenswear and menswear line, which is stocked in David Jones department stores, and a resort brand through selected boutiques.