Thu, 31 Aug 2017 | BUSINESS SALE
An upmarket British swimwear brand worn by holidaying celebrities is dipping its toes into the possibility of a £50 million sale.
Orlebar Brown, a firm that sells tailored swimwear at a premium price, gained public recognition ever since James Bond, played by Daniel Craig, wore a pair of the company’s blue shorts in Skyfall.
Since then, the brand has attracted a beach-full of celebrity fans, including rapper Jay-Z, former Prime Minister David Cameron and actors Damien Lewis, Michael Fassbender and Hugh Jackman.
The high-end brand has reportedly hired Cavendish Corporate Finance to advise on a range of future funding options, including a mooted £50 million sale to private equity houses.
Orlebar Brown was founded 10 years ago by former photographer Adam Brown, who said he wanted to create tailored shorts to swim in after being unimpressed by a lack of options for image-conscious men.
Brown is said to have been inspired after noticing on holiday how women’s swimwear allowed for many more stylish options than men’s.
The firm’s signature product retails from £95 to £395, but has recently expanded its range to include ready-to-wear, footwear and accessories. Its turnover is projected to hit £23 million this year, with about half of its sales originating outside the UK.
Though Orlebar Brown has core retail stores in Mayfair, Notting Hill, the City, Wimbledon, Chelsea and Canary Wharf - as well as a pop-up outlet at Bicester Village - it also has locations in a number of global markets, including the US, France, Turkey, Australia and Kuwait.
The firm also sells product through wholesale partners and via its own website.
Find a business for sale
Subscribe to Business Sale Report
Established in 2012, this business offers a comprehensive suite of staffing solutions, the company provides experienced in-house recruitment professionals for managing open vacancies on a fixed-term basis, catering to both UK & Europe and Australian...
Now available for acquisition is a well-established tyre supply and fitting centre catering to the needs of Midhurst and its neighbouring areas. Operating for over 34 years, this establishment specialises in the sale, repair, and replacement of tyres...
Explore an exceptional opportunity to acquire a thriving Italian café and restaurant situated in the vibrant town of Surbiton. This esteemed establishment has garnered a strong reputation for its delightful cuisine, and welcoming atmosphere.
LEASEHOLD
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
24
|
Apr
|
Middlesbrough metal recycling firm acquired from administration | BUSINESS SALE
Cupral Group Limited, a metal recycling business based in Mi...
24
|
Apr
|
Automotive parts supplier secures PE backing | BUSINESS SALE
Rimmer Bros, a Lincoln-based restorer and supplier of replac...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.