LVMH’s shuttered Thomas Pink brand to be revived
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British shirt-maker Thomas Pink is set to be revived after former JD Sports executive Nick Preston acquired the brand.
According to the Mail on Sunday, Nick Preston has brokered a deal to take control of LVMH’s shirtmaker brand, including its intellectual property but not its website or shops.
The retailer ceased operations last year amid the Covid-19 pandemic, as LVMH Group was seeking to sell the brand. Last December, the French luxury group removed Thomas Pink from its “Fashion and Leather Goods” website page.
According to Retail Gazette, Thomas Pink updated its own website last month, saying “We’re excited to announce that we’re returning to our roots with the same team that has helped build Thomas Pink Shirtmakers over the years”.
“We have some things to iron out and button-up, but will be back soon with an improved website to offer you the highest quality English shirting made for modern life that you have come to know and love.”
Questions & Answers
Q.Who has acquired the Thomas Pink brand?
Who has acquired the Thomas Pink brand?
Former JD Sports executive Nick Preston has brokered a deal to take control of LVMH’s shirtmaker brand. This acquisition includes its intellectual property but not its former website or physical shops.
Q.Why did Thomas Pink cease operations last year?
Why did Thomas Pink cease operations last year?
The retailer stopped operating last year amidst the Covid-19 pandemic. At that time, its former owner, the LVMH Group, was actively seeking to sell the brand.
Q.What part of the business was not included in the acquisition?
What part of the business was not included in the acquisition?
The acquisition by Nick Preston included the brand's intellectual property. However, it did not include Thomas Pink's previous website or its physical shop locations.
Q.What is the brand’s plan for its return?
What is the brand’s plan for its return?
Thomas Pink plans to return to its roots with the same team that helped build the brand previously. They intend to launch an improved website offering high-quality English shirting.
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