British luxury leather merchandise company Anya Hindmarch has been valued at £70 million following the arrival of a new minority shareholder, which is claimed to be a non-public Qatari trader team.
The unnamed group purchased the minority stake of ASHS's (the company's keeping auto ) shares which have been previously owned by Kelso Area Asset Management LLP, studies WWD .
Browse : Luggage to riches: Anya Hindmarch interview
News of the acquisition follows conflicting stories in excess of the weekend which said that the bulk stake in the label experienced been offered to a company with ties to one particular of Qatar's sovereign success money.
The firm nowadays said that Anya Hindmarch stays controlling shareholder, as well as chairman and chief innovative officer. The corporation hope the sale will " aid the arrival of the new shareholder is one particular of a collection of methods that will assist to speed up the company's progress strategy."
Hindmarch launched the business 25 a long time back and has amassed a celeb adhering to like the Duchess of Cambridge and Angelina Jolie, who are both often photographed carrying her baggage.
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