2.3 C
Munich
Wednesday, November 20, 2024

Suditi Industries acquires kidswear brand Gini & Jony

Must read


Published



November 20, 2024

Suditi Industries Ltd has acquired kid’s fashion brand Gini & Jony to strengthen its presence in the kidswear segment in India.

Suditi Industries acquires kidswear brand Gini & Jony – Gini & Jony – Facebook

With this acquisition, Suditi aims to make deeper inroads in the kidswear segment by leveraging its manufacturing capabilities and supply chain network. 

The company plans to expand Gini & Jony’s market presence by opening exclusive brand outlets coupled with partnerships with large format stores and e-commerce platforms.

Commenting on the acquisition, Pawan Agarwal, managing director of Suditi Industries in a statement said, “We are excited to welcome Gini & Jony to the Suditi Industries family. By combining Gini & Jony’s heritage with Suditi’s operational strengths, we aim to bring fresh energy and scale to this beloved name. This partnership is not just about business; it is about creating value for our shareholders while delivering unparalleled quality to the Indian market.”

Prakash Lakhani, founder of Gini & Jony added, “This partnership brings together the strengths of two highly complementary entities—Gini & Jony’s legacy as a trusted name in kidswear and Suditi’s advanced manufacturing capabilities.”

Founded in 1980 by the Lakhani brothers, Gini & Jony is an Indian kid’s fashion brand that retails across India through its exclusive brand outlets, large format multi-brand stores, and e-commerce marketplaces.

Copyright © 2024 FashionNetwork.com All rights reserved.



Source link

- Advertisement -spot_img

More articles

- Advertisement -

Latest articles