Investcorp Eyes Investment in Retailer Kanmo Group
Bahrain-based investment company Investcorp plans to invest in Kanmo Group's retail network in Indonesia. Deal Street Asia reported that Investcorp is interested in investing in the Kanmo Group business unit in the retail business of baby and children's equipment. Its brands include Mothercare, Early Learning Centre, The Entertainer, Gingersnaps, Justice, and MoMaMi.
In addition to the demands of babies and children, Kanmo Group holds several fashion brands, footwear, and food and beverage. These brands include Adidas, Kate Spade, Coach, Havaianas, and Nespresso. In addition to managing retail outlets at malls to airports, Kanmo Group has also begun to develop e-commerce, especially for products for babies and children under the Mothercare brand.
