Rowland’s Clothing, a multichannel retailer of apparel, has been
acquired by a consortium including New World Private Equity and
new chairman Stewart Cantley.
Cantley joins Rowland’s established management team, which
includes David Selby as managing director and Jeremy Jarvis as
financial director.
Rowland’s Clothing, established more than 25 years ago, targets
women aged 55 and older with a range of clothing and accessories.
It has retail outlets in Bath, Bradford on Avon, Chichester,
Farnham, Lymington, Marlborough and Salisbury, as well as a
catalogue and online business based in Trowbridge,
Wiltshire.
New World Private Equity’s previous investment include
young-fashion brand Lipsy, which sold to Next in 2002 and
retailer and consumer finance specialist Cash Generator, which
was sold to Axcess Financial in 2010.
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