Anya Hindmarch up for sale amid widening losses

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Anya Hindmarch
// Anya Hindmarch has been put up for sale by Qatari royal family owners

Anya Hindmarch has been put up for sale by parent company Mayhoola, the Qatari royal family’s investment fund.

Anya Hindmarch sales were at £37.2m in 2017, while it made an EBITDA loss of £17 million.

Mayhoola bought a £27 million controlling stake in the business in 2012.

Meanwhile, Hindmarch is expected to remain as chief creative officer at the eponymous company she founded in 1987.

The selling decision was “mutual”, according to This is Money.

Mayhoola has grown its stake from 39.9 per cent in 2012 to at least 75 per cent by mid-2018.

Moreover, private equity firms and rival brands are said to be in the running to buying the fashion retailer.

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