 Company: Liberty Industry: Retail / Wholesale Acquisition Date: 28 June 2010 BlueGem Stake: 100.0% Status: Portfolio Company Website: www.liberty.co.uk |
On 28 June 2010 BlueGem completed its public takeover of Liberty Plc, the British heritage brand famous for its department store on London’s Great Marlborough Street and its wholesale luxury fabrics business.The Liberty department store is situated in an iconic tudor-style building, located in the heart of London’s city-centre between Regent Street and Carnaby Street, comprising approximately 70,000 square feet of retail space across six floors.
Selling both third party and own-branded avant garde fashion, beauty, gifts, homeware and haberdashery, the store is well known for its eclectic range and design-led offering. Liberty Art Fabrics is a London and Tokyo based designer and wholesale distributor of high quality printed fabrics to the worldwide fashion industry. Established in 1880, it is a well recognised brand whose materials and patterns are clearly identifiable with Liberty and British design. Its design archive remains integral to the Liberty brand, containing more than 43,000 designs. Liberty’s own-label luxury goods brand, Liberty London, is showcased in the Liberty department store and sold through wholesale operations to fashion retailers worldwide. In 2010 Liberty generated group revenues of £ 83 million. |
