Cath Kidston Wikipedia, Age, Bio, Background, Net Worth, Wiki
Cath Kidston Wikipedia, Age, Bio, Background, Net Worth, Wiki – Catherine Isabel Audrey Kidston, MBE, is an English fashion designer, entrepreneur, and author. Her company, Cath Kidston Limited, distributes home furnishings and associated products online, through franchises, and through mail order. Catherine Isabel Audrey Kidston was born on November 6, 1958.
Cath Kidston Bio
|Age||64 years old|
|Date Of Birth||6 November 1958|
|Birthplace||Marylebone, London, United Kingdom|
|Hometown||Marylebone, London, United Kingdom|
Cath Kidston Physical Stats
|Shoe Size||Not Known|
Cath Kidston Educational Qualifications
|College or University||Not Known|
Cath Kidston Family
|Brother / Sister||Janie Kidston|
|Children||Son: Not Known|
Daughter: Jessica Padgham
Cath Kidston’s Marital Status
|Spouse Name||Hugh Padgham|
|Married Date||Not Known|
Cath Kidston Collection & Net Worth
|Net Worth in Dollars||5 Million|
Cath Kidston’s Social Media Accounts
Cath Kidston News
After Cath Kidston, a British shop with a vintage aesthetic, entered insolvency for the second time in two years, Next purchased the Cath Kidston brand name for £8.5 million.
As administrators from PricewaterhouseCoopers prepare to close the four UK Cath Kidston stores in London, Ashford, Cheshire Oaks, and York once stock is auctioned off, it is estimated that roughly 125 jobs could be at risk. The administrators are also granted a 12-week licence to use the brand’s website.
The purchase is the newest move by Next to expand its brand portfolio, which already includes the UK distribution rights for US clothing retailers Gap and Victoria’s Secret. Next has also purchased the fashion label Joules and the online furniture company Made.com out of administration.
The clothes and home goods store is assisting struggling firms in maintaining a presence in the UK by utilising its skills in online marketing and delivery. Some of these brands are also being used to fill empty space in its high street shops while widening their appeal to a larger market.
“Cath Kidston is a well-loved lifestyle brand founded in 1993, and I am pleased to say that it has been purchased by Next who will make sure it continues to blossom under their ownership,” said Zelf Hussain, joint administrator and partner at PwC.
“The company has recently navigated through extremely difficult market conditions, including the pandemic restrictions and, most recently, the decline in consumer spending driven by cost-of-living pressures and rising costs,” says the statement.
Known for its whimsical retro patterns, Cath Kidston previously had 60 UK stores in addition to franchise locations all over the world. Hilco, a company that specialises in restructuring, purchased it in July 2020; nevertheless, it was relisted early this year.
In 1993, the company’s namesake, an interior designer who collaborated with well-known decorator Nicky Haslam, launched her first shop in London’s Notting Hill, selling bric-a-brac and tea towels with designs.
Years ago, she sold her ownership of the company, and in April 2020, the brand called in administrators as part of an attempt at a rescue plan by Hong Kong-based Baring Private Equity Asia.