Bagir Ltd. Announces a Joint Venture With Asian Mill

NEW YORK, March 14 /PRNewswire/ -- Fashion fabric company Polgat Textiles will be moving its operating facility from Kiryat Gat, Israel to China, it was announced by Bagir Ltd., a leading vertical manufacturer of men's and women's tailored clothing. States Steven Kimmel, President Bagir U.S.A., "This will be a joint venture that will result in production of outstanding fashion fabrics to suit the ever demanding mandate for sophisticated European styling at affordable prices. Bagir's aggressive move to produce quality fashion fabrics at competitive prices is reactive to today's tailored clothing industries' requirements."

Polgat Textiles, the manufacturer of outstanding worsted fabrics for men's and women's tailored clothing will now produce its line of fashion fabrics at a major mill in China. All machinery and technical support and expertise will be moved to the new facility with creative and technical support stationed at both locations.

"There will be no disruption of fabric manufacturing and distribution during the relocation. Bagir Ltd. will remain a vertical manufacturer of women's and men's tailored clothing," states Kimmel. "Rising energy and wool prices as well as competition from the Far East have made this move a necessity."

Polgat is a division of Bagir Ltd.

About Bagir

Bagir Ltd. is best known for its innovation in men's and women's tailored apparel. The company is over 45 years old and is publicly traded in Israel, the location of the Company's Headquarters. In the past two years, the company has successfully launched highly innovative tailored suits and garments, such as the comfortable AeriFlex(R) suit, which allows for unprecedented arm movement without stretching the jacket. The collection was launched under a number of private labels with retail chains in the United States, UK, Germany, Spain and Israel. Bagir has three international sales offices located in the UK, US and Turkey.

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