For Sale
Opportunity to Acquire an Established UK Based Women’s Lifestyle Clothing & Accessory Brand
Details
Overview
BTG Advisory has been appointed to solicit offers to acquire all or part the Group. A comprehensive information memorandum about the Group will be made available to interested parties on signing an NDA.
The Group is a women’s lifestyle clothing and accessory brand, headquartered in London. It is known for its stylish prints which it designs in-house.
The Group sells through multiple channels:
i.A portfolio of leased high street stores.
ii.Wholesale; and
iii.online through its website.
The Group has faced a number of challenges going back to COVID, which led it to reduce its portfolio of stores in response to lockdown closures, followed by quality issues and delayed deliveries associated with a key supplier that it has now sought to transition away from.
As a result of these challenged trading conditions, the Group now faces a liquidity shortage and, while it has no secured debt facilities, creditors are significantly stretched.
The Group offers the chance to acquire an established brand with significant growth potential having moved passed the recent supplier issues.
Due to pressure from creditors, we are aiming to conclude a sales process over an accelerated timeframe. Interested potential investors will have to be comfortable and have the funding and capability to complete the deal during November 2024, but subject to the evolving liquidity runway situation in the Group.
For further information please download the Notice of Sale attached
TO REQUEST AN NDA PLEASE EMAIL [email protected]
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