19 March 2012

Firetrap & FullCircle under new ownership

Angela Swarbrick and Maurice Moses of Ernst & Young LLP have been appointed Joint Administrators of World Design and Trade Co and its group companies. As a result, a proportion of the business and assets have been sold to SDSC Brands. Asbed Momdjian, founder and CEO of World Design and Trade Co, has confirmed that after 30 years Firetrap and FullCircle have been sold to SDSC Brands, who are committed to the current brand strategy and will ensure the continued growth of the business through investment in both brands and the team

.

Asbed Momdjian commented, 

“A big thank you to everybody who supported the business and me over the years. I am fortunate to have had the opportunity to meet and work with so many talented individuals, brave and imaginative retailers and great manufacturers. Respect to you all. 

I wish everyone success and hope you will continue to support Firetrap and FullCircle for many years to come.”

Click on the pink links below for full details in DIARY directory:
Firetrap in 'fashion & accessories'
FullCircle in 'fashion & accessories'

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