Home / Knowledge / News / Apparel/Garments / Fifth Avenue to fuse fashion & food brands
Fifth Avenue to fuse fashion & food brands
Apr '10
Fifth Avenue Holdings is going to combine premium menswear brand 'Fred Stuart' and its knitwear brand 'Anteedote', with a food & beverage brand 'Pasta Bar Veneto'. The over $100 million firm is the parent company of Chennai-based Fifth Avenue Sourcing.

As the fashion and eating-out culture in India has acquired an experimental mode, this over $100 million firm sees opportunity in these markets to leverage its sourcing expertise with international retail brands. For its retail venture, Fifth Avenue has invested Rs450 million to Rs500 million through internal accruals and bank debt.

By the fiscal 2011-2012, Fred Stuart, a brand inspired from Anglo-Italian clothing will showcase its products in around 10 stores, and it will price each of its shirts between Rs 900- 1,200.

Its flagship stores will house the products of all three brands and its cluster development plan will initially focus on South India as it intends to produce the items suitable for different regions. Fifth Avenue Sourcing has license sell products of Fred Stuart in the Asian, Vietnamese and Australian markets.

Moreover, it also handles the sourcing needs of Diesel, Replay, Fila and Calvin Klein.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

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

Mohammad Hassan
Biax Fiberfilm

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

Tony Ward
Tony Ward

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

Sanjukta Dutta
Sanjukta's Studio

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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