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25/11/2009
£1m FIFA Deal Boosts Strabane
Existing jobs have been secured with news that a local firm, Grosvenor Shirts has just signed a licence agreement with the soccer ruling body, FIFA to make luxury formal shirts for the forthcoming World Cup.
They will have different designs for each of the 32 qualifying countries and all be 'limited editions'.
Grosvenor is one of Northern Ireland's few remaining shirt companies, in what was once a thriving sector, with the deal being a boost to the workforce who can look forward to an increasingly secure future.
It has survived by targeting the top end of the market and founder and Managing Director, Karl Dunkley, said the FIFA agreement is part of that strategy.
He told the BBC's Eddie O'Gorman today: "It fits with our plans to develop franchisee initiatives on a global basis," and added that it is expected to result in around £1m of revenue for the Co Tyrone business.
NI Enterprise Minister Arlene Foster previoulsy announced that Grosvenor Shirts has scored the prestigious licence agreement for the 2010 FIFA World Cup South Africa.
Appointed by Global Brands Group, FIFA's exclusive worldwide master licensee, Grosvenor, based in Strabane, will design and manufacture luxury formal shirts designed exclusively for each qualifying country.
Support from Invest Northern Ireland is helping Grosvenor Shirts to enhance manufacturing capability at its Strabane factory and carry out targeted marketing activity as it delivers work under the licensing agreement.
The Minister said: "The local textiles sector has faced many difficulties over the past decade, but Grosvenor Shirts' focus on quality products, strong design and branding, and diversification has allowed it to retain market share.
"It has also developed a strong partnership with Invest NI which has helped the company to achieve such success," she said.
"This high profile contract will give Grosvenor global recognition through the 2010 FIFA World Cup branded product range and will open up new opportunities for export sales and worldwide franchise agreements."
The limited edition merchandise will be sold directly through Grosvenor Shirts' two London stores, on its website and into high end retail stores worldwide.
Commenting further, Karl Dunkley, Managing Director of Grosvenor Shirts, said: "This year Grosvenor Shirts celebrates 10 years of designing and manufacturing quality gentlemen’s shirts.
"We have successfully established our brand in the competitive London fashion market and are keen to establish the brand internationally.
"Invest NI has been extremely supportive and its commitment to this latest project has helped us to fully exploit opportunities arising from this new license."
(BMcC/GK)
They will have different designs for each of the 32 qualifying countries and all be 'limited editions'.
Grosvenor is one of Northern Ireland's few remaining shirt companies, in what was once a thriving sector, with the deal being a boost to the workforce who can look forward to an increasingly secure future.
It has survived by targeting the top end of the market and founder and Managing Director, Karl Dunkley, said the FIFA agreement is part of that strategy.
He told the BBC's Eddie O'Gorman today: "It fits with our plans to develop franchisee initiatives on a global basis," and added that it is expected to result in around £1m of revenue for the Co Tyrone business.
NI Enterprise Minister Arlene Foster previoulsy announced that Grosvenor Shirts has scored the prestigious licence agreement for the 2010 FIFA World Cup South Africa.
Appointed by Global Brands Group, FIFA's exclusive worldwide master licensee, Grosvenor, based in Strabane, will design and manufacture luxury formal shirts designed exclusively for each qualifying country.
Support from Invest Northern Ireland is helping Grosvenor Shirts to enhance manufacturing capability at its Strabane factory and carry out targeted marketing activity as it delivers work under the licensing agreement.
The Minister said: "The local textiles sector has faced many difficulties over the past decade, but Grosvenor Shirts' focus on quality products, strong design and branding, and diversification has allowed it to retain market share.
"It has also developed a strong partnership with Invest NI which has helped the company to achieve such success," she said.
"This high profile contract will give Grosvenor global recognition through the 2010 FIFA World Cup branded product range and will open up new opportunities for export sales and worldwide franchise agreements."
The limited edition merchandise will be sold directly through Grosvenor Shirts' two London stores, on its website and into high end retail stores worldwide.
Commenting further, Karl Dunkley, Managing Director of Grosvenor Shirts, said: "This year Grosvenor Shirts celebrates 10 years of designing and manufacturing quality gentlemen’s shirts.
"We have successfully established our brand in the competitive London fashion market and are keen to establish the brand internationally.
"Invest NI has been extremely supportive and its commitment to this latest project has helped us to fully exploit opportunities arising from this new license."
(BMcC/GK)
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10 May 2006
NI Shirt Company To Receive Major Investment
A private equity group in Northern Ireland have announced that it has taken a major stake in a Londonderry based shirt factory. Glenaden Shirts is the only remaining volume shirt manufacturer in the UK and the investment from Amicus Capital Partners, will enable the company expand business in North America and Eastern Asia.
NI Shirt Company To Receive Major Investment
A private equity group in Northern Ireland have announced that it has taken a major stake in a Londonderry based shirt factory. Glenaden Shirts is the only remaining volume shirt manufacturer in the UK and the investment from Amicus Capital Partners, will enable the company expand business in North America and Eastern Asia.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
