Canada's newest active wear label, VATA Brasil, today announced financing from Vancouver-based Bolder Investment Partners to help back the Vancouver-designed and Brasilian-made clothing line's development of new retail and wholesale markets around the globe.
VATA Brasil is a unique line of active wear "for athletes by athletes" inspired by Brasilian beach wear. Designed in Vancouver by a Brasilian designer and athlete and manufactured in Rio de Janeiro, VATA Brasil combines comfortable, long-lasting stretch fabric with bold colours and sexy, cutting edge design.
"This funding is an important step towards our goals of developing new markets for retail and wholesale customers, both online and in unique niches around the world," said Mario Gomes, Chief Executive Officer, VATA Brasil. "This backing represents a significant commitment to the design and manufacturing of the VATA Brasil line, as well as our business plan and long term vision."
"We're presented with investment opportunities every day," said Paul Woodward, Vice-president, Corporate Finance, Bolder Investment Partners. "After reviewing VATA Brasil'sTM plan and product, we're convinced this company has the direction and experience to make it a success in its markets. We're particularly pleased to work with VATA Brasil."
VATA Brasil currently operates retail locations on Richards Street in Vancouver and at Park Royal in North Vancouver. The clothing line is working to develop markets across North America, Mexico, Europe, the Middle East, India and Australia.
Vata Brasil's designs have been recognized by organizations around the world, including Munich's ISPO BrandNew Awards in 2007 and has twice been selected to be part of BC Fashion Week.
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