Jul 31, 2026 – 5.00amAlmost a decade after selling his retailing empire to American giant Hanesbrands, billionaire businessman Brett Blundy is coming full circle, buying back local lingerie giant Bras N Things along with famous brands Bonds, Berlei and Sheridan in a $700 million deal.Blundy, who now lives in Monaco and is worth about $4 billion, according to Financial Review Rich List estimates, made his fortune investing in a string of retail chains, including Bras N Things and Sanity, in the 1980s. He sold Bras N Things to Hanesbrands for about $500 million in 2018.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Billionaire Blundy swoops on Bras N Things, Bonds in $700m deal
The businessman last owned the lingerie giant in 2018, and is buying back the chain with a string of famous brands including Sheridan and Berlei.
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