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.