In the News
Mike Singer, Chairman & Chief Executive Officer of Careismatic Brands, Inc. (CBI), announced some exciting news. Their partners at VF Corporation have extended their Dickies Medical license and they just completed the acquisition of two industry brands. The first brand, Medelita, established in 2008, focuses on the online channel and puts CBI in a better position to compete against the direct-to-consumer brands in the market.
In addition, Singer noted, "we are proud to have the opportunity to partner with Bansi and Sid Lakhani, two incredibly passionate and talented industry leaders who share our commitment to the success of our retail partners, with the acquisition of Healing Hands. We have tremendous respect and admiration for the brand and the company Bansi and Sid have built. Our shared values combined with a like-minded business approach, integrity, and passion for bringing quality products and service to market will create an even more dynamic combined organization. Sid, Bansi, and their team will add deeply to the strength of our combined business. For the foreseeable future, Healing Hands will continue to operate collaboratively, but independently."