Home / Knowledge / News / Apparel/Garments / Fifth Avenue to fuse fashion & food brands
Fifth Avenue to fuse fashion & food brands
30
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

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search