×
3 025
Fashion Jobs
URBN
Urban Outfitters Performance Marketing Manager - London, UK
Permanent · LONDON
HARRODS
Senior Buyer's Clerk - Accessories
Permanent · LONDON
HEAD OFFICE
Head Chef Food Production – Victoria Head Office
Permanent · LONDON
ESTEE LAUDER
Sales & Education Executive, Estee Lauder - Travel Retail Emea (Based UK)
Permanent · Londres
ESTEE LAUDER
Clinique - Consultant - Boots Trinity, Leeds - 26 Hours/Week - Part Time, Permanent
Permanent · Leeds
ESTEE LAUDER
Clinique - Consultant - Boots Metro, Gateshead - 21 Hours/Week - Part Time, Permanent
Permanent · Gateshead
THE NORTH FACE
Account Coordinator - German Speaking - Vans
Permanent · NOTTINGHAM
VANS
Account Coordinator - Dutch Speaking - The North Face
Permanent · NOTTINGHAM
TIMBERLAND
Account Coordinator - French Speaking - Dickies
Permanent · NOTTINGHAM
TIMBERLAND
Account Coordinator - Timberland
Permanent · NOTTINGHAM
SKECHERS
Supervisor - Cambridge
Permanent · CAMBRIDGE
BOOHOO GROUP
Assistant Account Manager
Permanent · LONDON
HEAD OFFICE
Senior Finance Analyst, Commercial Finance
Permanent · LONDON
HEAD OFFICE
Senior Project Manager
Permanent · LONDON
JOHN LEWIS
Maintenance Manager
Permanent · DARWEN
HEAD OFFICE
Technical Services Compliance Manager
Permanent · BRACKNELL
MULBERRY
Senior Email & CRM Marketing Executive
Permanent · LONDON
ESTEE LAUDER
Tom Ford Beauty - National Sales & Education Director
Permanent · Londres
ESTEE LAUDER
Clinique - Area Sales & Education Manager
Permanent · Londres
BOOHOO GROUP
Production Manager
Permanent · LEICESTER
DOROTHY PERKINS
CRM Manager
Permanent · LONDON
MULBERRY
Marketing Director
Permanent · LONDON
Ads
Published
Jun 29, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hilco could become new Cath Kidston owner - report

Published
Jun 29, 2022

Up-for-sale UK lifestyle retailer Cath Kidston’s new owner could be US-based specialist investor Hilco. It’s close to buying the brand and wholesale operations, having held “detailed talks” with owner Baring Private Equity Asia (BPEA), according to a report.
 

Cath Kidston


Sky News — which originally broke the story about it being up for sale — said it was unclear if there were other potential buyers in the frame, although one source suggested it was “effectively Hilco's to lose”. The report added the proposed transaction was “a solvent one”, although there were no further details.

Hilco has yet to comment and there have been no hints of other names stepping up to bid.

Cath Kidston had a turbulent time but looked to be getting back on track pre-pandemic. However, lockdowns dealt it a major blow and it collapsed in April 2020, severely hit by the pandemic’s lockdowns, and was bought out of administration that June by BPEA in a pre-pack insolvency deal which entailed the closure of all-but-one of its UK stores.

However, it recently instructed advisers at PricewaterhouseCoopers to find a new owner for the now online/wholesale-led company, with e-commerce accounting for 85% of the business. However, it retains a global flagship store on London’s Piccadilly and operates a few stores abroad, including in Saudi Arabia.

Cath Kidston has been run for the last four years by Melinda Paraie, who joined as chief executive from luxury goods brand Coach in 2018. A brand transformation plan had been put in place at the end of 2020, which saw Creative Director, Holly Marler, joining from Liberty London.

Copyright © 2022 FashionNetwork.com All rights reserved.