Indo Count, the world’s largest home
textile bed linen manufacturer, has signed a licensing agreement with Iconix
International Inc. for the Fieldcrest and Waverly brand’s products for the US
and Canadian market. This move to further solidifies Indo Count’s position in
the US market post the successful acquisition of iconic brand WAMSUTTA.
The new licensing agreements
encompass a wide range of product categories, including sheets, fashion and
utility bedding, bath and window treatments among others. This addition
significantly strengthens Indo Count’s brand portfolio, enhancing its ability
to cater to diverse consumer segments in the US and Canada, the company said.
“We are thrilled to partner with Iconix to bring these iconic brands to
a broader audience in North America. Fieldcrest and Waverly are synonymous with
quality, style, and tradition. This partnership aligns perfectly with our commitment
to delivering exceptional home textile products that meet the diverse needs of
consumers” Mohit Jain, Executive
Vice Chairman of Indo Count said.
“This move
also marks a significant step in our efforts to increase our B2C footprint in
the US & Canada market., making our products more accessible to the North
American consumers. With marquee brands in our portfolio, we are gearing
towards increasing the share of our branded products portfolio and thereby
create a sustainable growth engine. These brands not only allow us to cater to
wider consumer tastes and preferences but also increase our manufacturing and
designing capabilities, making it a compelling proposition for our stakeholders”
Mr Jain added.
Established in 1893, Fieldcrest has
been a trusted name in quality bedding and bath products, originating from the
textile mills of North Carolina. Fieldcrest provides high-quality bedding and
bath essentials that transform everyday routines into moments of indulgence. The
brand appeals to a diverse age group but skews younger for a home brand, with
approximately 60% of consumers across different age groups, reflecting a
modern, dynamic lifestyle that values everyday luxury.
Waverly founded in 1923 by F.
Schumacher & Co., a maker of exclusive European fabrics bring stylish home
décor to the emerging American market. Waverly has become synonymous with
personal curation in home fashion with its distinctive use of color in prints,
patterns, and textures that allows consumers to mix and match, reflecting their
personality for a custom-designed look at an affordable price.
The diverse demographic appeal of
Fieldcrest and Waverly allows Indo Count to effectively target different
consumer segments, thereby enhancing overall market penetration. The
partnerships also strengthen Indo Count’s commitment to expanding its
value-added business, positioning the company for sustained growth and success
in the global market.
“We are thrilled to partner with Iconix to bring these iconic brands to a broader audience in North America. Fieldcrest and Waverly are synonymous with quality, style, and tradition. This partnership aligns perfectly with our commitment to delivering exceptional home textile products that meet the diverse needs of consumers”
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