Baring Private Equity Asia takes control in deal that is thought to value the fashion brand at more than £250m
Cath Kidston, the fashion brand famous for its floral patterns, is set for significant expansion in Asia after it was taken over by a Hong Kong-based investment firm.
Baring Private Equity Asia has bought out TA Associates, a US private equity company, to take control of Cath Kidston. The new owners have appointed William Flanz, the former boss of Gucci, as chairman of Cath Kidston and have identified Asia as a key market for the brand.
Related: Cath Kidston ladies bike: preview | Martin Love
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2dEthAQ
No comments:
Post a Comment