Two years after it fell into administration, the owners of the Cath Kidston brand has put it up for sale.
Baring Private Equity Asia has instructed PricewaterhouseCoopers to look for a buyer, with the company having reportedly been in talks with several interested parties for a number of weeks, reported The Industry.Fashion.
BPEA took full control of the British lifestyle brand in 2016, having become a substantial shareholder in 2014.
PWC took Cath Kidston through a pre-pack insolvency process in April 2020 after it fortunes were hit by the pandemic.
Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter and @licensing_source on Instagram.