Home / Knowledge / News / Apparel/Garments / Babies Galore sold to Headline Group for $8.8m
Babies Galore sold to Headline Group for $8.8m
05
Oct '10
Babies Galore has been bought by Headline Group Ltd for $8.8 million along with a conditional liability worth $1 million. The Headline Group will acquire around 13 Babies Galore outlets which have earlier generated sales worth $35 million.

The property that is to be secured by the Headline Group comprises of store fixtures, equipment and inventories in the stores. The Group will also possess the right to use the customer database of 70,000 clients as well as the online resources of Babies Galore.

The ownership will speed the process of launching Early Learning Centre and Mothercare brands across the whole country.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Larry L Kinn
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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