Home / Knowledge / News / Apparel/Garments / Bain Capital buys Rs 3.5 bn stake in Lilliput
Bain Capital buys Rs 3.5 bn stake in Lilliput
19
Apr '10
An undisclosed stake in Lilliput Kids-wear is being purchased by Bain Capital for around Rs 3.5 billion, which is a precursor to an initial share offering next year, by the retailer of garment and accessories for children.

The company will use this money to multiply the number of its stores and broaden its product range, said Sanjeev Narula, Founder and Managing Director, Lilliput.

The company that has over 260 stores in India and nine other countries enjoys sales of around Rs 4 billion. Lilliput supplies kids-range to retail chains such as GAP Kids, Primark, Old Navy, Next and Carter's and American Eagle.

Lilliput is all set to open 'Lilliput World' stores. It will house an array of kid's products such as soft toys, baby walkers, footwear, feeders and other accessories along with clothing for children, informed Narula.

Another private equity arm of retail conglomerate Future Group, Everstone Capital owns 35 percent of the company. This investment in Lilliput has been cited as a successful investment by Sameer Sain, Co-founder and Managing Partner, Everstone.

At its initial stages i.e. in 1991, Lilliput used to sell clothing for men and women as well as innerwear. While, in the year 1994, the company decided to focus on branded kids-wear, informed Narula. The company, at present, enjoys a substantial stand in the market with a growing business.

Retail consultancy, Technopak Advisors estimated that, the market for kids-wear is worth Rs 210 billion. Profit margin in the sales of kids-wear is an average 18 percent, which is considered as a healthy return and it is more in the case of branded wear.

Lilliput anticipates an annual growth of 20 percent in the branded segment, while competing with other brands such as Petals, Gini & Jony and Catmoss in the market.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Silke Brand-Kirsch
Schlegel und Partner

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

Larry L Kinn
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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