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Kevin Stanford, Retail investor

In the Sunday Times Rich List in April, retail entrepreneur Kevin Stanford fell from 327th for the year before to 453rd place.

Stanford has stakes in House of Fraser and Mosaic Fashions, and until last month was part-owner of womenswear brand Ghost. Given the economic meltdown in Iceland and the fact that both those businesses have Icelandic money behind them, you have to wonder where Stanford will stand next April.

Icelandic investment firm Baugur’s interests in HoF and Mosaic Fashions is still to be resolved, but Ghost went into administration last month and was acquired by Hawes & Curtis owner Touker Suleyman. However, these three businesses don’t make up all of Stanford’s portfolio (he also has interests in Moss Bros and Mulberry) and one bright spot can be found in directional fashion brand All Saints, in which Stanford also has a stake.

Readers' comments (1)

  • Any news on Mr K Stanford recently?
    Read this in Business section of Sunday Times yesterday.
    13 Sept 09.

    LINK; http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6832329.ece


    QUOTE; A number of British businessmen have been sucked in, including Kevin Stanford, the retail entrepreneur, and mining and property investors Moises and Mendi Gertner.

    The Icelandic government is close to agreeing an international extradition treaty that could be used to help alleged culprits of financial crime face trial there, but not all of the alleged misdeeds were illegal under Icelandic law, particularly with regard to activity in the financial markets.
    UNQUOTE

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