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.
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.