True Capital Acquires Bench and Nicce-Owner Apparel Brands

**True Capital Acquires Bench and Nicce-Owner Apparel Brands**.

True Capital, a private equity firm focused on acquiring and growing businesses, has announced the acquisition of two leading apparel brands, Bench and Nicce..

**Bench**.

Bench is a popular Filipino clothing brand known for its casual, streetwear-inspired apparel. Founded in 1987, the brand has grown to become one of the largest and most recognizable fashion brands in the Philippines. Bench operates over 1,000 stores across the country and has a strong online presence..

**Nicce**.

Nicce is a British streetwear brand established in 1999. The brand is renowned for its premium quality hoodies, T-shirts, and other casual wear. Nicce has a global presence with stores in over 40 countries and a significant online following..

**Strategic Rationale**.

True Capital’s acquisition of Bench and Nicce aligns with its strategy of investing in established brands with strong growth potential. The firm believes that both brands have a solid track record of success and a loyal customer base. True Capital plans to support the continued growth of Bench and Nicce by expanding their product offerings, enhancing their digital presence, and exploring new international markets..

**Management’s Perspective**.