As English fashion and homewares brand Cath Kidston is set to be sold for £250m, Drapers takes a look back at the retailer’s history.
1987 – Having held several jobs including working for an antique curtain dealer, Cath Kidston opens a small curtain shop, called McKinny Kidston, with a friend in London.
1993- Cath Kidston opens her own store between Holland Park and Notting Hill, establishing the eponymous brand. She invests a third of her £15,000 start-up budget on creating her first floral print, producing cushion covers, cotton bags and a flowery ironing board cover.
1999- The brand expands and opens stores in Elyston Street, Fulham, Marylebone and Wimbledon.
2005 – Moves outside London for the first time, opening a store in Bath, followed by other towns and cities including Brighton, Bristol, Cheltenham and Edinburgh.
2006 – First shop in Tokyo opens
October 2008 – The first flagship store is opened in Dundrum, the Republic of Ireland.
April 2010 – Cath Kidston is bought by private equity vehicle TA Associates, and begins to plan international expansion
December 2010 – The retailer plans store openings in Korea, China, Hong Kong and Taiwan as pre-tax profits increase by 68% to 7.6m
July 2012 –Claire’s Stores’ president of Europe Kenny Wilson is appointed as chief executive of Cath Kidston.
August 2012 –Sales exceed £100m for the first time.
March 2013 – The business plans an expansion in continental Europe, opening 80 concession stores in Spain.
December 2013 – Cath Kidson eyes £250m sale as private equity firm owner TA Associates drafts in investment bank UBS to explore options for the retailer.
December 2013 – Cath Kidson opens flagship store in Piccadilly