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Melissa Payner-Gregor on the board of directors of Destination Maternity
Written by: Dhawal ShahArticle Overview: Destination Maternity Corporation, the US based retailer of designer maternity wear, has elected Ms. Mellisa Payner-Gregor, the CEO of Bluely, to its Board of Directors.
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Melissa Payner-Gregor on the board of directors of Destination Maternity
Destination
Maternity Corporation, the US based retailer of designer maternity wear, has
elected Ms. Mellisa Payner-Gregor, the CEO of Bluely, to its Board of
Directors. The news comes in wake of its foray into the Indian markets with a deal
with Mahindra Retail, the retail chain floated by the automobile giant
Mahindra$Mahindra.
It will be working with the Mahindra Group
under the labels Motherhood Maternity, Destination Maternity and A Pea in the
Pod. These brands from destination maternity will be available at Mahindra
Retail’s new store Mom & Me, the one stop destination for the things and
merchandise required by the expecting mothers and the toddler products.
The
products will include maternity wear, infants and kids’ fashion, educational
& activity toys and games, wellness products for mothers and babies,
nursery furniture and furnishings, travel and safety products and much more.
It
is a multi-year contract wherein Mahindra Retail will be selling the products
of Destination Maternity through its franchise store Mom&Me by purchasing
exclusive maternity and nursing merchandise from the Maternity Destination or
the suppliers designated by it.
Ed
Krell, Chief Executive Officer of Destination Maternity, commented, "We
are very excited to announce our expansion into India. Through our partnership
with Mahindra Retail, with their breadth of experience and strong reputation in
India, we will be able to bring our brands into this rapidly emerging market.
We are thrilled to introduce our brands to the growing population of new
moms-to-be in India who love to shop and have an ever increasing need for
high-quality, fashionable maternity apparel.”
K.
Venkataraman, Managing Director of Mahindra Retail is equally excited about the
deal. The Mom&Me stores range from 5000 to 12000 sq feet in size and
currently operational in six cities in India. Mahindra Group plans to extend
its market share by setting more and more franchise stores of it across the
country.
According
to way2franchise.com, there are 500+ franchise brands in India and the retail
and apparel segmenthas over 45 players. The deal between Mahindra Retail and
Destination Maternity will further increase the competition in the market.
Destination
Maternity has stores all over the United States and is also planning an entry
in the markets of the Middle-East, all through retail franchise.
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About the Author: Dhawal Shah RSS for Dhawal's articles - Visit Dhawal's website Dhawal Shah has now launched his franchise brand, www.FranchiseExpo.in, www.ArabianFranchise.com and www.FranchiseSG.com which is an internet resource for Indian Franchising Industry. He previously worked with the the Franchising Association of India for over five years. He is a qualified franchise professional with Certified Franchise Executive degree from the International Franchise Association, a well known and an international speaker for Indian Franchising, his sites have generated over 25000+ Leads and have helped thousands of entrepreneurs decide the most ideal of all businesses. To know more Dhawal Shah may be reached at Dhawal.Shah@way2franchise.com Click here to visit Dhawal's website Aromas Franchise Opens First Outlet at Hiranandani Powai Mumbai Edify Education to invest Rs 500 cr in 5 yrs IACM Launches its New Education Courses Prospectus at Annual Business Partners Meet 2009 The Little Gym USA Signs Master Franchise Agreement For Middle East Vaidyaratnam eyes to have more franchisees |
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