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Cath Kidston Limited

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Cath Kidston Limited
Company typeLimited company
IndustryHome furnishing
Founded13 April 1993 (1993-04-13)
FounderCath Kidston
Headquarters,
Websitewww.cathkidston.co.uk

Cath Kidston Limited is an international chain of home furnishing retail stores based in England, registered with Companies House, number 02808583, on 3 April 1993.[1]

Designer Cath Kidston opened her first shop in London's Holland Park in 1994,[2] selling hand-embroidered tea-towels and brightly renovated furniture.[3] She later described it as just a "glorified junk shop".[3] In April 2011, there were 41 shops and concessions in the UK, two in the Republic of Ireland, eleven in Japan and three in Korea.[2] Less than three years later, there were 136 outlets, including a flagship store on Piccadilly next to Fortnum & Mason and four stores in China.[4] Appearing on BBC Radio 4's Desert Island Discs programme, she described her shops as provoking a 'Marmite reaction': "People either love it and want a little bit of it very much, or want to stab us.".[5]

The company's profits jumped more than 60 per cent from £2.9million to £4.6million in the year to March 2009.[3] Sales rose to £31.3m during the period, compared with £19.3m the year before,[3] partly due to new store openings.[3]

In 2010, Cath Kidston sold a majority stake of the company to private equity investors TA Associates,[6] retaining a minority stake and remaining the company's Creative Director.[6]

References

  1. ^ "CATH KIDSTON LIMITED: OpenCorporates". OpenCorporates. 11 March 2011. Retrieved 29 April 2011.
  2. ^ a b "About Cath Kidston". Cath Kiston Limited. Archived from the original on 2 January 2011. Retrieved 29 April 2011. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ a b c d e Hale, Beth (23 February 2010). "Cath Kidston to pocket £30m from sale of brand 20 years after shop assistant created famous nostalgic designs". Mail Online. London. Retrieved 29 April 2011.
  4. ^ Garside, Juliette (6 December 2013). "Cath Kidston could fetch up to £250m". The Guardian. Retrieved 14 April 2014.
  5. ^ "Desert Island Discs: Cath Kidston | BBC". BBC. 29 April 2010. Retrieved 29 April 2011.
  6. ^ a b Hall, James (5 December 2010). "Cath Kidston plans Far East push - Telegraph". The Daily Telegraph. London. Retrieved 29 April 2011.