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Fashion Designers
Monnari Trade acquires two new brands
Fashion
Monnari Trade acquires two new brands
21 Aug '06
1 min read
Monnari Trade, having headquarters in Lodz, Poland, had acquired two brands; Pabia and Hensel and Mortensen.
Company designing and distributing clothes bought from Pabia's bankruptcy offer.
There will be a shop network under Pabia brand launched with
women over 30 years old as the target group.
Company wishes to raise PLN40 million from an IPO although earlier it was considering only PLN 20-30 million.
In the first half of this year, company had PLN3.7 million of net income and PLN36.3 million of sales.
Company is going to submit its prospectus to the Securities and Exchange Commission in Warsaw later this month.
More Fashion News - Poland...
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