Home / Knowledge / News / Apparel/Garments / Jenny Ming joins Advent International
Jenny Ming joins Advent International
09
Sep '08
Advent International, one of the world's leading global private equity firms, announced that Jenny J. Ming has joined the firm as an Operating Partner to focus on investment opportunities in the apparel retail sector. Ms. Ming will work with Advent's deal team in Boston, supporting the firm's investment activities globally.

Ms. Ming previously served as President of Old Navy for more than seven years. In that role, she oversaw all aspects of the fashion retailer, managing a network of over 950 stores in North America.

Prior to that, she served as Executive Vice President, Merchandising at Old Navy, responsible for store design, visual merchandising, planning and distribution.

Ms. Ming was also part of the executive team that launched Old Navy in 1994. She began her career with Gap Inc. in 1986 as Merchandise Manager of Gap brand activewear.

In recognition of her achievements at both companies, Ms. Ming was included in Fortune magazine's 2003 and 2004 list of the "50 Most Powerful Women in American Business."

In 1999, she was named one of the Top 25 Managers of the Year by Business Week magazine. She sits on the board of Kaiser Foundation Health Plans and Hospitals and serves as the Vice Chair of the Committee of 100.

This is the latest appointment in Advent's Operating Partner program, a long-established and successful element of the firm's highly operational approach to investing.

The program includes approximately 50 senior industry executives, many of whom have been involved in multiple Advent investments.

These executives typically assist in activities such as finding attractive investment opportunities, conducting due diligence, and creating and driving value creation plans for Advent's portfolio companies.

"Jenny Ming is a dynamic professional with over two decades of experience in developing one of the nation's leading retail brands," said Advent Managing Partner David Mussafer.

"Her extensive retail knowledge and ability to develop a talented team will be a tremendous asset as we collaborate to grow the Advent retail portfolio."

Ms. Ming commented, "Advent has an outstanding track record in both domestic and international investments, and I am thrilled to join a firm with such deep expertise in the retail sector.

This partnership will allow me to leverage my experience and take full advantage of Advent's global presence as we actively pursue new retail investment opportunities together."

Advent International has been investing in the retail sector for two decades and has funded over 25 retail businesses across a range of subsectors including specialty retail, value retail, duty-free and food services.

Its apparel retail investments include lululemon athletica, the premier athletic and yoga apparel specialty retailer; Gérard Darel,a leading French designer and retailer of mid- to high-end women's ready-to-wear clothing; and Fat Face, the U.K.'s leading active lifestyle clothing retailer.

Other Advent retail investments include Hudson Group,North America's premier travel retailer, which recently agreed to merge with Advent portfolio company Dufry; Amscan Holdings,the market leader in the U.S. party goods industry; and Dollar Express,a U.S. single-price retailer acquired by Dollar Tree Stores.

Advent International


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Vaanee Bhatia
Gritstones Clothing

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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