Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Adams sold to investment group

JHS Childrenswear, the company behind Adams Childrenswear and kidswear brand Mini Mode, has been sold to investor Habib Alvi Investments.

Adams chairman John Shannon, who originally acquired the business in February 2007 and bought 120 stores from administration in February this year said: “It was clear that Adams and Mini Mode would require additional investment to achieve their full growth potential. I am glad to have completed this transaction which allows the Adams Group to prosper.”

Habib Alvi Investments is a division of the Habib Alvi Group which operates a global financial, textiles and trading company.

Majad Ajmi, a representative of the Habib Alvi Group said: “We have been interested in the retail sector and particularly in the Adams businesses for some time, as they offer an exciting opportunity to build on the excellent progress made in the growth and development of these widely recognised brands.”     

Kidswear brand Mini Mode is sold through health and beauty chain Boots.

Readers' comments (1)

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.