FASHION RETAIL NEWS UK
White Stuff founders consider sale after unsolicited takeover approach
16 February, 2024 | by Angela Beevers
The White Stuff fashion chain is reportedly exploring a sale of the business following an unsolicited takeover approach.
According to Sky News, the retailer’s founders George Treves and Sean Thomas have hired investment bank Rothschild “to field offers” after an approach was made by a prospective buyer.
City sources told Sky News that the pair had not committed to a sale of the business and that any decision would depend on the valuation it attracted.
Founded in 1985, White Stuff opened a shop in London’s Battersea six years later and now has more than 110 shops and 36 concessions in the UK. It also operates six shops and 22 concessions in both Germany and Belgium.
