Cath Kidston
This coverage explores Cath Kidston’s strategic journey within the UK retail sector, from its administration and acquisition by Next to its re-emergence in physical retail. Reporting focuses on store closures and reopenings, brand repositioning, digital transformation, financial developments, and leadership changes — offering insights for retail executives, brand managers, and professionals navigating brand revitalisation and multichannel retail strategies.
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Apr- 2025 -23 AprilClothing & Shoes
Represent appoints former Dr Martens CEO as new chair
Luxury streetwear brand Represent has appointed former Dr Martens CEO Kenny Wilson as its new chair and non-executive director. In his new role, Wilson will be responsible for accelerating Represent’s growth and global expansion. He served as Dr Martens CEO from 2018 until March 2025. During his tenure, he successfully…
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Nov- 2023 -1 NovemberClothing & Shoes
Next lifts FY profit guidance despite autumn sales drop
Next has raised its full-year profit guidance for the fourth time this year, despite weekly sales falling by 7% in September due to the unusually warm weather. However, the retailer’s recent Q3 results showed that sales bounced back once colder weather came in last month, increasing by 16% and 11%…
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Oct- 2023 -23 OctoberFeatures
How the FatFace deal lines up with Next’s aggressive acquisition strategy
This year has been a year full of big mergers and acquisitions and October has continued in that vein. The latest of these acquisitions has come in the form of Next’s £115m takeover of lifestyle brand FatFace. This deal is the latest in a long line of acquisitions by Next…
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12 OctoberNews
Today’s news in brief-12/10/23
Next is reportedly in the final stages of acquiring clothing brand FatFace in a deal worth over £100 million. This move follows Next’s recent acquisitions, including a majority stake in Reiss, the brand name and assets of Cath Kidston, and the acquisition of Made.com. The group also has investments in…
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12 OctoberDepartment Stores
Next nears £100m FatFace takeover deal
Next is reportedly nearing a deal to acquire FatFace as part of its latest takeover move, in a deal that is said to be worth more than £100m, according to Sky News. According to Sky, Next is now putting the “finishing touches” on a deal to acquire the clothing brand,…
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Mar- 2023 -29 MarchClothing & Shoes
Next acquires Cath Kidston for £8.5m with job losses expected
Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job cuts expected as the group is wound down and its remaining stores close. The group said the cathkidston.com domain will be licenced back to the administrators for a period of…
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28 MarchClothing & Shoes
Next eyes Cath Kidston acquisition
Next is reportedly in advanced talks to rescue the Cath Kidston brand, in a move that would further expand its portfolio following the acquisitions of Joules and Made last year. According to Sky News, a deal could be closed as early as today (28 March), though some sources told Sky…
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Feb- 2023 -17 FebruaryClothing & Shoes
Cath Kidston owner explores sale of business
The owner of the Cath Kidston is reportedly exploring a sale of the business only eight months after buying it. According to Sky News, owner Hilco Capital has been approached by a “number” of potential buyers who are interested in acquiring the modern vintage brand. Sources told Sky that Hilco…
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Jan- 2023 -5 JanuaryHigh Street
Wilko secures £40m in funding from Homebase owner
Wilko has reportedly secured £40m in funding from Hilco UK, the investor which owns both Homebase and Cath Kidston. According to the Financial Times, the details of the asset-based credit facility were filed with Companies House although they have yet to be fully disclosed. However, the outlet added it is…
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Dec- 2022 -5 DecemberClothing & Shoes
Jaeger MD to depart
M&S-owned fashion company Jaeger has announced that its managing director Fiona Lambert is departing the business after almost two years at the brand. The news comes as Lambert oversaw Jaeger’s relaunch and come-back after it was bought out of administration by M&S at the beginning of 2021. Prior to joining…
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