×
211
Fashion Jobs
ESTÉE LAUDER
All Brands - Area Retail Consultant - Auckland - Casual
Permanent · Auckland
JUST JEANS
Casual - Keyholder - Just Jeans nz - Manukau
Permanent · Auckland
JUST JEANS
Part Time - Keyholder - Just Jeans nz - Paraparaumu
Permanent · Wellington
L'OREAL GROUP
National Account Executive
Permanent · Auckland
DOTTI
Regional Manager - Dotti nz
Permanent · Auckland
JUST JEANS
Part Time - Keyholder - Just Jeans nz - Hastings
Permanent · Hawke's Bay
JUST JEANS
Part Time - Keyholder - Just Jeans nz - Henderson
Permanent · Auckland
AESOP
Retail Consultant | Newmarket | Casual
Permanent · Auckland
AESOP
Retail Consultant | Wellington | Casual
Permanent · Wellington
L'OREAL GROUP
Key Account Manager
Permanent · Auckland
JAY JAYS
Part Time - Keyholder - Jay Jays nz - Henderson
Permanent · Auckland
L'OREAL GROUP
National Business Manager
Permanent · Auckland
PETER ALEXANDER
Full Time - Stock Leader - Peter Alexander nz - Lambton Quay
Permanent · Wellington
PETER ALEXANDER
Full Time - Stock Leader - Peter Alexander nz - Lower Hutt
Permanent · Wellington
DOTTI
Part Time - Keyholder - Dotti nz - Onehunga
Permanent · Auckland
FOOT LOCKER
Manager in Training
Permanent · Auckland
FOOT LOCKER
Manager in Training
Permanent · Auckland
ESTEE LAUDER
bb/cl/el/jm/lm/MAC/tf - Freelance Consultant - Auckland - on-Call/Freelance
Permanent · Auckland
JUST JEANS
Part Time - Sales Assistant - Just Jeans nz - Timaru
Permanent · Timaru
JUST JEANS
Part Time - Sales Assistant - Just Jeans nz - Masterton
Permanent · Wellington
NZ
Part Time Team Member
Permanent · HAMILTON
NZ
Part Time Team Member
Permanent · AUCKLAND
Published
Mar 28, 2023
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Next in talks on Cath Kidston buy, deal possibly imminent

Published
Mar 28, 2023

Next is back on the acquisition trail. The retail giant, which delivers its results later this week, is reportedly in “advanced talks” about buying troubled Cath Kidston.


Cath Kidston



The company could announce a deal as soon as Tuesday, Sky News reported, with sources telling it that a successful outcome was “likely but not certain”.

Cath Kidston has been owned by Hilco Capital for the best part of a year and Next’s interest in it comes as the company continues to build up its portfolio of well-known names in need of a deep-pocketed retail expert.

Like retail peers Frasers Group and M&S, Next has swooped on a number of such brands, its most recent buys being Joules and Made.

Turnaround specialist Hilco bought Cath Kidston in 2022 and is understood to have held talks with several parties as it seeks a buyer for the business.

Cath Kidston came into its hands after a troubled few years. It went into administration in 2020 as the pandemic hit and was bought in a pre-pack deal by its existing owner Baring Private Equity Asia.

That resulted in the closure of the bulk of its store estate and the loss of almost 1,000 jobs.

But the business appears to have been picking up with it saying last year that it was performing strongly and orders from international and UK franchisees and wholesale partners grew 40% for the year ending March 2022.

Copyright © 2023 FashionNetwork.com All rights reserved.