Internacionale

From Wikipedia - Reading time: 5 min

Internacionale Retail Ltd.
Company typePrivate
IndustryRetail
HeadquartersUK
ProductsClothing
Websitewww.internacionale.co.uk
An Internacionale store in Belfast

Internacionale was a British retailer of fashion apparel and home accessories that target fashion-conscious women. It sold women's wear including dresses, tops, jeans, trousers, jackets and jewellery. Headquartered in Glasgow, Scotland, Internacionale has stores throughout the United Kingdom.[1] It operates under the brand "Internacionale" in numerous city centres in the UK, while having homeware stores under the brand "Au Naturale" in suburbs.[1] In 2013, the company went into administration and was then sold to Internacionale UK, a new company backed by the existing shareholders of the former company. The sale kept more than 1,500 jobs alive in 114 remaining stores of Internacionale at that time.[2]

History

[edit]

The company was created by Ken Cairnduff, a Scottish businessman in 1980 and grew to become known as Internacionale.[3] The business was sold in 2006 to a management buyout, which at the time had 150 stores.[4]

The company entered administration for the third time since 2008 on 28 February 2014. In September 2014, Edinburgh Woollen Mill agreed to purchase the intellectual property of Internacionale.[5]

References

[edit]
  1. ^ a b "Internacionale Company Profile: Valuation, Investors, Acquisition | PitchBook".
  2. ^ "Jobs saved after Internacionale sold". BBC News. 12 July 2013. Retrieved 16 August 2023.
  3. ^ "Ken Cairnduff : Business for Scotland". Retrieved 27 October 2015.
  4. ^ "Retailer Internacionale sold out of administration in pre-pack deal - The Daily Record p.12 Jul 2013". 12 July 2013. Retrieved 27 October 2015.
  5. ^ Holland, Tiffany (23 September 2014). "Peacocks owner Edinburgh Woollen Mill group buys Internacionale IP". Retail Week. Retrieved 31 December 2014.



Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Internacionale
19 views |
Download as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF