Retail News Update

UK based nursery retail franchise Mamas & Papas has signed a franchise agreement that will see 30 outlets open in Russia. Moscow based F.D. Lab Group has signed the agreement with Mamas & Papas and will open the outlets within a five year period, concentrating mainly in the Moscow and St Petersburg areas. F.D. Lab is one of the top five players in the Russian apparel market and the company enables global brands to sell products through more than 600 outlets, including wholly-owned retail stores, multi-brand stores and franchises.

Richard Faulkner, Mamas & Papas Deputy Chief Executive, said: “F.D. Lab has the right synergy with Mamas & Papas and understands the ongoing development of brands that are design led in their products and store environments.”

Alexander Lopatine, Chief Executive of F.D. Lab, added: “We are pleased to welcome into our portfolio a new company within the area of luxury retail. The Group enjoys high equity with its customers for service standards and we are confident of a successful debut by the brand in the region, providing parents to be with the additional option of a truly international product offering.”