Reverse logistic excess inventory solutions provider NEJ has acquired US-based men’s sportswear brand and designer Bills Khakis from private equity firm Source Capital.

In December 2015, NEJ partnered with Source Capital on the original acquisition of Bills Khakis.

NEJ will now completely own the brand under its Private Brands unit.

NEJ founder and president Ed Mascolo said: “Bills Khakis is an iconic apparel brand with a 25-year history of producing high-quality menswear products that are proudly cut and sewn in the United States.

“Bills Khakis has a unique niche in American cut and sewn menswear, bringing its strong heritage of quality, superior fit and durability."

“We are excited to leverage our 26 years of retail brand expertise, disciplined operational capabilities and facilities, as well as deep industry relationships to build upon the tremendous history of the brand, as we position Bills Khakis for its next chapter of growth.

“Bills Khakis has a unique niche in American cut and sewn menswear, bringing its strong heritage of quality, superior fit and durability, with a classic style that consumers are looking for today.”

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Bills Khakis initially started with a World War II military khaki replica by launching deep-pocketed khaki pants made of durable fabrics.

The brand also features an assortment of woven shirts, boxers and belts.

Led by John Crocco post-acquisition, Bills Khakis will focus on product quality under NEJ’s management.

Bill Khakis' products will be available on its website and through wholesale distribution to US-based speciality stores.

Founded in 1990 by Ed Mascolo, NEJ offers customised solutions for complex brand and excess inventory needs to speciality store retailers and brands.

It provides reverse logistics to fulfill second lifecycle of full-price products.

The firm currently has a 900,000ft² warehouse.