Published
Jan 4, 2022
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Mensa Brands acquires Indian-origin leather brand Estalon

Published
Jan 4, 2022

​Mensa Brands, India’s leading tech-led house of brands, has strengthened its brand portfolio with the addition of Kolkata-based leather goods manufacturer and seller, Estalon.
 

Mensa Brands acquires Indian-origin leather brand Estalon - Estalon


The acquisition of Estalon marks Mensa’s entry into the leather goods segment and sees huge potential for growth in both domestic and international markets.
 
Estalon product portfolio includes leather products such as, ladies’ handbags, shoulder bags, purses, men’s wallets, folios, gloves, and various other accessories. Currently, Estalon sells majorly in the U.S. through Amazon.

Commenting on the association, Ananth Narayanan, founder and CEO of Mensa Brands in a statement said, “We envision Estalon becoming a leading global leather accessories brand from India with its strong product line and quality leather workmanship. The Estalon team has decades of experience in leather manufacturing, and we believe that with Mensa’s complementary skills in technology, operations and brand building, it is poised to achieve a high growth rate of 5X of the market in the next 3-5 years.”   
 
Mohammed Mobashir, founder of Estalon added, “It feels great to be a part of the Mensa family. The Mensa team’s expertise and enthusiasm will help expand our brand’s footprint and achieve the growth goals we have set together.”
 
Mensa is currently on a buying spree and acquiring brands across categories. It had recently acquired High Star, a denim brand serving fashion-forward and digital-first consumers.

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