Cath Kidston customers go potty for new Winnie-the-Pooh range September 27, 2016 Cath Kidston has launched its collaborative designs with Disney’s Winnie-the-Pooh, with most products selling out within hours. The brand experienced its largest online full price sales to date and traffic on the website hit record highs at 3500 per cent more visitors than usual. Around one mug was sold every minute (58 per hour) and there [...]
It’s all coming up roses as Baring Asia buys Cath Kidston October 3, 2016 Cath Kidston, the brand which put such English country staples as cabbage roses and polka dots in kitchens across the UK, is about to take on a decidedly Asian flavour, after Baring Asia took a controlling stake. Reports suggested Baring has bought a stake owned by US private equity firm TA Associates, giving it a majority shareholding. [...]
City Moves for 1 November 2016 | Who’s switching jobs November 1, 2016 Carter Jonas Carter Jonas has appointed Dudley Holme-Turner as partner and national head of valuations. Dudley will be based out of Carter Jonas’s head office in Chapel Place, London, and will work closely with the valuations team across the UK which is currently 26 people strong. Dudley joins from Cushman and Wakefield where he was joint-head [...]
Cath Kidston moves towards global expansion with Japanese purchase July 15, 2015 Cath Kidston Group has taken a major step towards achieving its global expansion plan by buying back its Japanese franchise business from Sanei International. The company did not reveal how much it had paid to buy back the Japanese operations. Cath Kidston Japan will take full control of the Japanese business from 1 September. Sanei, [...]
Cath Kidston to step down as creative director of her homeware group November 26, 2014 Cath Kidston is stepping down from her eponymous UK homeware company, 21 years after founding it. Kidston, currently creative director of the brand and chain of high street stores, will become a non-executive director of the group from 5 December as she leaves the day-to-day running of the business. “When I opened my first shop [...]
Aga Rangemaster share price shoots up as it confirms takeover talks with Middleby Corporation June 17, 2015 Shares in Aga Rangemaster shot up 25 per cent as it confirmed this afternoon that it is in talks with the Middleby Corporation over a possible cash offer. In a statement to the stock exchange this afternoon, the company, which makes high-end ranges beginning at about £2,000, said that while there was "no certainty that [...]
China slowdown: The two reasons British business should remain optimistic August 18, 2015 It’s easy to be down on China. Last week’s negative headlines after the unexpected devaluations of the renminbi (RMB) played into the “China slowdown” narrative which has taken root as this year’s accepted story. But we’re not giving China enough credit. By opening up the RMB to more market forces, it has moved one step [...]
Cath Kidston’s Paul Mason to join New Look September 17, 2014 NEW LOOK has taken a leaf out of Cath Kidston’s pattern book after hiring the fashion and homeware retailer’s chairman Paul Mason for the same role. The discount fashion brand said Mason would succeed Tom Singh, currently interim non-executive chairman, with immediate effect. Mason has worked in retail for more than 30 years and started [...]
Cath Kidston sells stake to Hong Kong firm to fund China growth July 22, 2014 Cath Kidston, the quirky British brand known for its quintessential floral prints, has sold a stake in the business to an Asian private equity as it gears up for further expansion in China. Baring Asia said yesterday it had bought “a substantial stake” from the company’s previous majority owner TA Associates. The US private equity [...]
Uniqlo owner in talks to buy out Cath Kidston April 14, 2014 THE OWNER of high street fashion chain Uniqlo is leading a pack of suitors hoping to take control of UK homeware company Cath Kidston. Japanese company Fast Retailing, which is listed in Hong Kong and Tokyo, has approached Cath Kidston’s private equity backers TA Associates about acquiring its 65 per cent controlling stake in the [...]