Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Next looks set to pick up troubled vintage staple Cath Kidston

by March 28, 2023
March 28, 2023
Next looks set to pick up troubled vintage staple Cath Kidston

High street giant Next is reportedly in talks to pick up the vintage-inspired Cath Kidston chain.

According to reports from Sky News’ Mark Kleinman late on Monday evening, Next is set to add the brand to its growing portfolio.

Cath Kidston would become the latest struggling retailer Next has swooped in to purchase.

Next snapped up Made.com for £3.4million in November 2022 after the online furniture retailer crashed into administration.

Just one month later, Next also went on to save fashion group Joules in a deal worth £34million.

Next has over 500 stores across the UK.

Cath Kidston, meanwhile, has closed dozens of shops over the last few years, with only four now remaining in the UK.

It crashed into administration in 2020 with the loss of nearly 1,000 jobs but was rescued following a deal by Baring Private Equity Asia (BPEA).

But the arrangement saw all its physical stores close, in yet another blow for the UK high street, with its presence still mainly online today.

BPEA had been a Cath Kidston shareholder since 2014, took full control of the business in 2016, and went on to exit the company altogether in July 2022.

Cath Kidston has been owned by Hilco Capital ever since – meaning its last big takeover happened less than a year ago.

Hilco is reported to have held talks with a number of potential bidders for a sale, with PricewaterhouseCoopers said to be advising.

The firm has also previously rescued Homebase, HMV, Oasis and Warehouse from administration.

Read more:
Next looks set to pick up troubled vintage staple Cath Kidston

0
FacebookTwitterGoogle +Pinterest
previous post
Billionaire Issa brothers planning £8billion takeover of fast food chain Subway
next post
Baroness Karren Brady CBE: Childcare is one of the greatest challenges for working mothers to running a successful business

You may also like

New Right to Neonatal Care Leave: What Businesses...

February 11, 2025

HMRC spends just 6% of annual budget on...

August 17, 2023

How Businesses Can Stop Their Fleets Becoming a...

September 26, 2024

The Essential Handbook for Purchasing Your Dream Home...

April 10, 2025

UK Could Finalise Gulf Trade Deal This Year,...

May 16, 2024

Women-owned small businesses to benefit from grants throughout...

July 3, 2023

Krishan Bajnath’s Journey: From College Grad to Pharmacy...

June 25, 2025

Google to unveil Bard a direct competitor to...

February 7, 2023

Post Office faces backlash over potential closure of...

November 13, 2024

Nationwide to buy Virgin Money for £2.9bn

March 7, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025
    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025
    • Britain’s fastest-growing firms revealed for 2025: Dfyne, Nala’s Baby and Hawkstone lead the charge

      June 29, 2025
    • Schumer to force Senate reading of Trump’s entire ‘big, beautiful bill’

      June 28, 2025
    • Rubio condemns Iran’s ‘unacceptable’ threats against IAEA director

      June 28, 2025
    • Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

      June 28, 2025

    Categories

    • Business (8,330)
    • Investing (2,081)
    • Politics (15,853)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved