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

M&S supplier Quantum Clothing Group snapped up

Supplier Quantum Clothing Group has been acquired by Japanese trader Itochu for an undisclosed amount.

Quantum Clothing Group specialises in menswear, lingerie, hosiery and intimate clothing and claims to be a leading supplier to Marks and Spencer.

The supplier will continue to be run out of the UK, with Itochu supplier Prominent Europe’s chairman and chief executive Nigel Lugg becoming chairman and group chief executive. The current management team will remain in place.

The acquisition will add to Itochu’s existing production businesses, which includes the manufacturing of menswear, womenswear, lingerie and sportswear.

Its website said that the company was looking to boost its manufacturing arm. “In the future, we will strengthen our businesses in China, which is enjoying marked growth, and in other Asian countries, and we will expand and enhance our value chains with our sights set not only on Japan but on the global market.”

Lugg said: “We are delighted to be able to welcome Quantum to the group. It further strengthens our links with Marks & Spencer, and will give us access to Quantum’s world class manufacturing units.”

Quantum Clothing Group has factories in Sri Lanka, India and Cambodia.


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.