Home / Knowledge / News / Apparel/Garments / Nest Egg is perfect partner for NTD Apparel
Nest Egg is perfect partner for NTD Apparel
Sep '10
Nest Egg Management, Inc. and its affiliates, a private investment group focusing on active private equity in small and middle-market companies, has acquired a minority interest in NTD Apparel Inc. (NTD), a Montreal, Quebec based apparel company.

Nest Egg's Managing Director, Brad Egna, will be joining NTD as a senior advisor and board member. Brad brings more than 20 years of executive leadership experience in consumer products, mergers & acquisitions, marketing, licensing, apparel and international trade.

Commenting on the transaction, NTD's President, Michael Eliesen stated, "Nest Egg is the perfect partner. They share our vision to continue to build a dominant consumer products company in North America. Brad brings the industry experience, category success, strategic sales and operational experience to make that vision a reality. We are all looking forward to Brad's active role in the continued success and growth of the company."

"We are excited about our partnership and eager to provide NTD with additional resources to accelerate its already strong growth," said Brad Egna.

In 1988, Brad founded Briefly Stated, a licensed apparel manufacturer that he grew successfully until 2005 when he sold the company to Li & Fung. As President of Briefly Stated, Brad acquired several businesses to form the Branded Apparel Group, a division of Li & Fung USA. Brad is now devoting his time and attention to Nest Egg and its related entities.

Michael co-founded Novel Teez Designs in 1986 (which later became NTD Apparel) and has led the company to become one of the leading licensed apparel companies in North America. NTD manages a portfolio of licensed entertainment and national brands, including Dickies, Paul Frank, Hello Kitty, Marvel, Warner Brothers and Mattel. The company's brands are distributed through specialty chain, mid-tier department stores and mass merchants, such as Forever 21, HBC, Kohl's, Sears, Wal-Mart Canada and Wal-Mart USA.

NTD Apparel Inc

Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Suresh Patel
Sidwin Fabric

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

Silke Brand-Kirsch
Schlegel und Partner

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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


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