Home / Knowledge / News / Fashion / Shah Capital becomes largest investor in Symphony
Shah Capital becomes largest investor in Symphony
22
Aug '09
Shah Capital Fund became the largest institutional investor in Hong Kong-based Symphony Holdings this week. Symphony Holdings is a marketer and licensor of sports and recreation footwear and apparel, with stakes in worldwide consumer brands like Pony, Haggar, Speedo, Mango, Helly Hansen, Berghaus, JFT Holdings (Toyota Tsusho) and controls about two-percent of the worldwide athletic shoe market.

"The current market conditions have created significant investment buying opportunities in China,” said Himanshu Shah, president and chief investment officer of Shah Capital Management. “As you look at markets from a global perspective, Symphony Holdings has tremendous growth opportunities and is in a premier position to be a Gateway to China for Western sports, activewear, and fashion brands.”

“We are pleased to see Shah Capital as a large investor in Symphony Holdings,” said Dr. Ting Ho, executive director of Symphony Holdings.

“We look forward to working with them in a constructive manner to enhance value for all stakeholders.

“Symphony Holdings is a tremendously undervalued franchise with many underlying operational strengths,” said Shah. “We have been following the company for more than three years, and believe fits perfectly into our investment strategy.”

Shah Capital Management Inc


Must ReadView All

Bangladesh, Sri Lanka may sign FTA soon

Apparel/Garments | On 15th Oct 2018

Bangladesh, Sri Lanka may sign FTA soon

Bangladesh may sign a free trade agreement (FTA) with Sri Lanka as...

China pumps $109 bn into economy amid trade war with US

Textiles | On 15th Oct 2018

China pumps $109 bn into economy amid trade war with US

China has decided to cut the reserve requirement ratios (RRRs) by one ...

Global lingerie market expected to reach $55 bn by 2024

Apparel/Garments | On 15th Oct 2018

Global lingerie market expected to reach $55 bn by 2024

Global lingerie market in 2015 was worth $33 billion and is expected...

Interviews View All

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

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

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

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

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

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

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

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

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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


October 2018

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

news category


Related Categories:

Advanced Search