Menu
29/08/2001
Londonderry firm creates 53 jobs in joint venture
Londonderry firm Desmond Textiles is creating 53 jobs in a joint venture with Marks & Spencer.
The new company, which will be called the Zip Project, will design and supply childrenswear to Marks & Spencers stores.
The joint venture company will employ approximately 220 people, with the majority drawn from current Desmond Textiles and Marks & Spencers childrenswear staff.
Michele Jobling, Marks & Spencer Childrenswear Business Unit Director and Managing Director of the joint company, said: “Marks & Spencer has the safest, best quality children’s clothing on the market and we are the market leader. However, as our margin of leadership has been eroded by competitors over recent years, this joint venture will provide us with the ability to profitably grow our childrenswear operation and increase our market share.”
Customers will see the first childrenswear products from the joint venture with Marks & Spencer’s ‘Back to School’ range in June 2002. (CD)
The new company, which will be called the Zip Project, will design and supply childrenswear to Marks & Spencers stores.
The joint venture company will employ approximately 220 people, with the majority drawn from current Desmond Textiles and Marks & Spencers childrenswear staff.
Michele Jobling, Marks & Spencer Childrenswear Business Unit Director and Managing Director of the joint company, said: “Marks & Spencer has the safest, best quality children’s clothing on the market and we are the market leader. However, as our margin of leadership has been eroded by competitors over recent years, this joint venture will provide us with the ability to profitably grow our childrenswear operation and increase our market share.”
Customers will see the first childrenswear products from the joint venture with Marks & Spencer’s ‘Back to School’ range in June 2002. (CD)
Related Northern Ireland News Stories
Click here for the latest headlines.
14 March 2018
Redevelopment Plans Of Former Belfast Telegraph Building Revealed
Plans for a £75 million redevelopment of the former Belfast Telegraph building have been revealed. The proposals will deliver 2,000 jobs as part of an emerging creative district centred on the education, culture, media and technology sectors.
Redevelopment Plans Of Former Belfast Telegraph Building Revealed
Plans for a £75 million redevelopment of the former Belfast Telegraph building have been revealed. The proposals will deliver 2,000 jobs as part of an emerging creative district centred on the education, culture, media and technology sectors.
03 July 2002
Minister opens multi-million pound Claudy facility
The Zip Project Ltd, a joint venture formed by Marks & Spencer childrenswear and Desmond & Sons Limited, has officially opened its state-of-the-art garment development and sourcing facility in Claudy, Co. Londonderry.
Minister opens multi-million pound Claudy facility
The Zip Project Ltd, a joint venture formed by Marks & Spencer childrenswear and Desmond & Sons Limited, has officially opened its state-of-the-art garment development and sourcing facility in Claudy, Co. Londonderry.
20 February 2019
£75m Redevelopment Of Former Telegraph Building Approved
Plans for a £75 million redevelopment of the former Belfast Telegraph building have been approved by the Belfast City Council's planning committee.
£75m Redevelopment Of Former Telegraph Building Approved
Plans for a £75 million redevelopment of the former Belfast Telegraph building have been approved by the Belfast City Council's planning committee.
15 February 2013
Irish Building Firms Merger Dropped
A business merger of Lagan Cement and Quinn Building Products will now not go ahead, it has been confirmed.
Irish Building Firms Merger Dropped
A business merger of Lagan Cement and Quinn Building Products will now not go ahead, it has been confirmed.
31 January 2013
Bullet Sent To Lagan Group Chief Executive
The chief executive of the Lagan Group has received a bullet in the post. Addressed to Kevin Lagan a note accompanying the bullet made reference to Lagan Group's recent discussions about a possible joint venture with Quinn Building Products. Police are now investigating what Mr Lagan has said is an attempt to intimidate him and the company.
Bullet Sent To Lagan Group Chief Executive
The chief executive of the Lagan Group has received a bullet in the post. Addressed to Kevin Lagan a note accompanying the bullet made reference to Lagan Group's recent discussions about a possible joint venture with Quinn Building Products. Police are now investigating what Mr Lagan has said is an attempt to intimidate him and the company.
-
Northern Ireland WeatherToday:A cloudy day with outbreaks of mainly light rain at times, although there may be the odd heavier burst. Driest in the south and east during the afternoon. Moderate southwesterly winds. Maximum temperature 11 °C.Tonight:Staying cloudy throughout the evening and overnight period with a little rain or drizzle at times. Mild overnight with light winds. Minimum temperature 7 °C.
