Home / Knowledge / News / Apparel/Garments / Ellestone Apparel picks strategic stake in Monitane
Ellestone Apparel picks strategic stake in Monitane
26
Aug '13
The Fielding Group, a major UK clothing manufacturer, is delighted to announce that Ellestone Apparel LLP has taken a strategic stake in Monitane Holdings Ltd, the Group’s holding company. Ellestone Apparel represents a consortium of investors with a strong track record of value creation in retail and significant expertise in manufacturing, branding and licensing.

Ellestone Apparel LLP is headed by Bob Wigley, James Gallon and Dominic McVey, all of whom will join the Monitane Holdings Ltd board.

Monitane Holdings Ltd is the holding company of The Fielding Group Ltd, which sells branded and own-label clothing to the UK retail sector. Fielding clients include some of the largest high street brands, including Tesco, Nike, John Lewis, Burtons, BHS, Asda, Moss Bros and Marks & Spencer. The Group additionally holds licences for key sporting brands including Chelsea, Liverpool, Manchester United and Arsenal, as well as entertainment brands including Disney, Sesame Street and Warner Brothers.

The Group has also developed a number of high-profile celebrity brands including Farrell menswear for Robbie Williams, Kardashian Kollection ladies wear at Dorothy Perkins, and Raging Bull children’s wear with Phil Vickery MBE at Marks & Spencer.

The Group has turnover of around £85m and employs some 6,500 people in the UK, Sri Lanka, Bangladesh, China and Turkey. It owns manufacturing facilities in Bangladesh and Sri Lanka through its wholly owned subsidiary Hela Clothing, a Sri Lanka based leading quality clothing manufacturer. The Bangladesh Hela factory is the first LEED certified gold rated “green” factory in the country. The Group produces 25 million garments a year.

The investment is the first for Ellestone Apparel, an investment vehicle created by a group of entrepreneurs focussed on actively creating value in their investments. The new equity Ellestone is providing will function as expansion capital, allowing Fielding to continue building its UK business and manufacturing capacity.

Michael Wolff, Managing Director of the Fielding Group, said, “Fielding will benefit immensely from Ellestone’s knowledge and expertise and we are looking forward to working with them over the coming years. We share a vision for the group which includes bolstering our current businesses as well as examining opportunities to move into new areas. These are exciting times for Fielding.”

James Gallon of Ellestone Apparel LLP said, “Fielding is one of the leading clothing manufacturers in the UK, and Hela consistently produces market leading products in world-class facilities. We see significant growth opportunities in new markets, and potential to further build the strong brands that are already part of the Fielding stable.”

Dominic McVey of Ellestone Apparel LLP said, “We are looking forward to working with the management team to capitalise on Fielding’sstrong position in the clothing industry. Ellestone will support Fielding’s continued growth with new equity and significant financial and manufacturing expertise.”

Fielding Group


Must ReadView All

Textiles | On 25th Sep 2017

SVP Group to build $300 mn spinning plant in Sohar

ShriVallabh Pittie Industries (SVP) Group, a diversified yarn...

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Courtesy: Business Wire

Textiles | On 25th Sep 2017

Invista to use ADN technology at joint project in France

Invista, a leading producer of chemical intermediates, polymers, and...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search