27 June 2023
British fashion brand Christopher Kane has appointed administrators FTS Recovery to seek a buyer or investor, reports ILM.
In a statement, the company said: “Key stakeholders have been notified. A period of accelerated marketing activity will now follow, with a view to locating potential interested parties to either refinance the company’s existing debt, or alternatively locate a purchaser for the business and assets.”
Founded 17 years ago, 51% of the brand was purchased by Kering in 2013 before the founder bought it back in 2018.
We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
