LONDON — There’s a new investor on the prowl in Britain: theLondon specialty store Liberty. On Thursday, the store revealed it had purchased Christys’ Hats for anundisclosed price and that it was scouring the market for other Britishnames, old and new.
“We’re not predators. What we want tocreate is a stable group of British brands,” said Marco Capello,managing partner at BlueGem Capital Partners LLP, which purchased theLiberty business in June 2010. “Our customers tell us they arepassionate about the Liberty brand, but they’re also passionate aboutBritish brands with a rich heritage. And we’d love to help the new guys,too. I’d love our next acquisition to be a new designer.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"