Home / Knowledge / News / Apparel/Garments / Indian entrepreneur pockets UK childrenswear brand
Indian entrepreneur pockets UK childrenswear brand
14
May '10
UK-based, childrenswear retailer, Adams has been sold to a Indian entrepreneur, Sharad Madan, who is also involved in the apparel industry since the last 25 years, said a top-ranking official of Adams. Mr Madan will also increase the presence of the brand in the Indian market though the franchisee route.

Mr Steve Martin, CEO of Adams who spoke exclusively to fibre2fashion said, “Adams Childrenswear has been acquired by Mr Sharad Madan. Mr Madan has been involved in the fashion business for over twenty five years and has great deal of experience of different aspects of the fashion industry.

“His existing business interests include a London based design studio, manufacturing / sourcing offices in India, China and Bangladesh. The key members of existing management team have pledged their total support to the business and Mr Madan is committed to expanding the retail operations in UK and internationally through its franchise partners.”

“He considers markets like India where the brand already has a presence in Delhi and Mumbai, to be of great potential for expansion. The company has plans to open 50 new stores in India over the next 18-month period.

“The online business which has been the biggest growth area for the business will be important to company's expansion. The business plans to expand its product range to include nursery furniture, pushchairs and car seats amongst other new products”, he concluded by saying.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Amiben Shroff
Shrujan

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search