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UA Multimedia sets up new apparel division
03
Mar '16
Media holding company, UA Multimedia, Inc has set up a new apparel division, which will import, export, manufacture and distribute apparel products.

“As an immediate step, the company will form a new wholly owned subsidiary specialising in apparel,” a UA Multimedia press release said.

The subsidiary will manufacture the products in Asia and sell them worldwide, with an initial focus on wholesale of non-brand products with eventual expansion into branded and retail products.

In addition, the management is also exploring a few potential partnerships with oversea companies that wish to establish trading relationship with the US.

"We are excited about our new direction and its growth potential," said Sully Jacques, UA Multimedia's chief executive officer.

"We have identified solid connections and associated with seasoned professionals to rapidly expand in this new market segment,” Jacques added.

“We are very optimistic that with our high quality products and competitive pricing, we can capture large market share and move to be a major play in the apparel industry soon," Jacques observed. (AR)

Fibre2Fashion News Desk – India

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