×
967
Fashion Jobs
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Khandala
Permanent · Lonavala
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vadodara
Permanent · Vadodara
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bharuch
Permanent · Bharuch
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Nasik
Permanent · Nashik
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gangtok
Permanent · Gangtok
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gondal
Permanent · Gondal
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Rajsamand
Permanent · Rajsamand
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Patna
Permanent · Patna
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kolhapur
Permanent · Kolhapur
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Vapi
Permanent · Vapi
PAPERGRID INDUSTRIES
Area Manager (Sales)
Permanent · Chennai
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhavnagar
Permanent · Bhavnagar
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Osian
Permanent · Osian
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gaya
Permanent · Gaya
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Igatpuri
Permanent · Igatpuri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Ramgarh
Permanent · Ramgarh Cantonment
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Puri
Permanent · Puri
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Kota
Permanent · Kota
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Veraval
Permanent · Veraval
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Bhuj
Permanent · Bhuj
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Palanpur
Permanent · Palanpur
LAVYA ASSOCIATES
Area Sales Manager-Direct- Life Insurance-Gorakhpur
Permanent · Gorakhpur
Published
Oct 3, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Baring Asia becomes majority owner of Cath Kidston

Published
Oct 3, 2016

Cath Kidston shareholder Baring Private Equity Asia has acquired the equity stake of TA Associates, becoming the majority owner of the company.


Cath Kidston


Baring Asia, one of the largest and most established independent private equity firms in Asia, first become a shareholder in Cath Kidston in 2014, when it acquired a minority stake.

Cath Kidston, famed for its vintage-inspired floral prints, has made international expansion in Asia a strategic priority. Since Baring Asia’s initial investment in 2014, the number of Asian stores has increased from 91 to 133, and the first stores in India are set to open in early Autumn 2016.

The British retailer currently sells its products in 15 countries across Asia and the Middle East, with 70% of its stores now located outside of the UK.

As part of the deal, William Flanz of Baring Asia and ex-Chairman and CEO of Gucci Group, will join the retailer as Chairman. He will replace Paul Mason, who is stepping down after six years in the role.

Cath Kidston’s CEO Kenny Wilson said: “We are entering a really exciting new stage under a single owner. Baring Asia’s decision to increase its shareholding is a fantastic endorsement of the potential of the Cath Kidston brand and I would like to welcome Bill Flanz. When Baring first invested just over two years ago we said we wanted to find the right partner to help us manage the development of the brand in Asia and exploit its full potential, and Baring has been invaluable in helping us do this.”

“We believe the Cath Kidston brand and business have great potential to grow across the globe, and are committed to delivering on that potential and securing the longer-term success of the company,” commented William Flanz, incoming Chairman.

Paul Mason, Cath Kidston’s outgoing Chairman added: “I have enjoyed six great years helping to build a fantastic team and turn Cath Kidston into a successful international business. When I joined, Cath Kidston had only six stores outside the UK. Today it has over 200 stores around the world, Japan is its second biggest market, it is entering India and working on launching into Latin America. We have recruited some of the best names in global retail to the Cath Kidston management team. I have enjoyed my time at the company immensely and wish the business the very best for the future”.

Copyright © 2022 FashionNetwork.com All rights reserved.