// Anya Hindmarch now has equal shares in her business after regaining part ownership
// Hindmarch returned to the helm in 2019 after stepping down in 2011
British designer Anya Hindmarch has regained joint ownership of her eponymous luxury handbag company after leading a turnaround.
Companies House filings showed Hindmarch now owns between 50 per cent and 75 per cent of the firm’s shares, reported The Telegraph.
This means Hindmarch and the Iranian-born businessman Javad Marandi now both have 50 per cent stakes in the company.
This comes less than a year after the retailer was acquired by the Marandi family.
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Under the new owners, Hindmarch remained on the board and as creative director of the label – a role she had after stepping down as chief executive eight years ago.
Upon her departure from the helm, the business continued to see significant losses.
For the year to December 30 2017, Anya Hindmarch saw pre-tax losses grow from £11.9 million to £28.2 million, while sales dipped from £41.3 million to £37.2 million a year prior.
Sales then plunged by a third to £24.6m in the year to December 29 2018.
At 18 Hindmarch founded the business taking inspiration from Italian leather bags after spending her gap year in the country.
Following her return Hindmarch now plans to turnaround the business.
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