The owner of fashion brand Bench has been sold to an investment company whose portfolio includes the likes of The Cotswold Company and bike brand Ribble.
London-based True Capital has acquired Apparel Brands in Manchester, newly-filed documents with Companies House have revealed.
As well as Bench, Apparel Brands owns Nicce and Hooch while it has licences to sell Smith & Jones, Ed Hardy, Farah, Seafolly, Money and Caterpillar.
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Established in 2017, Apparel Brands is headquartered in Manchester’s Northern Quarter.
US investment giant Gordon Brothers sold Bench to Wraith, an affiliate of Apparel Brands, in April 2020. The deal excluded the right to use the brand in the Americas.
Gordon Brothers had acquired Bench in July 2018 after the company entered administration two months earlier.
Filings with Companies House show that Garm Bidco Ltd has replaced Baker Street Holdings as …
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