// Cath Kidston owners look to offload brand just eight months after buying it
// Hilco bought the brand last July and is now exploring a sale
Cath Kidston owner Hilco Capital is exploring a sale of the retailer just eight months after buying it.
Hilco bought the brand last June and is now exploring a sale after lining up PwC to advise on a sale.
It has already been approached by several interested bidders, Sky News reported.
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It is unclear whether any interested buyers would seek to take control of the whole company.
Prior to Hilco’s takeover, Cath Kidston was bought out of administration by Baring Private Equity Asia (BPEA).
Cath Kidston relaunched three years ago, after collapsing into administration with the loss of nearly 1,000 jobs and 60 UK stores.
It had a series of stores but currently operates from just four of its own outlets.
BPEA, which took full control of Cath Kidston in 2016, struck a pre-pack insolvency deal which entailed the closure of its entire UK high street estate.
