ARMS’ LENGTH: The House of Britannia, a new investment and management company that aims to support and promote British luxury heritage brands, said it has taken a majority stake in Cornelia James Ltd., Royal Warrant holders to Queen Elizabeth for gloves. Simon Petherick, managing director of the investment company and the former managing director of Hardy Amies, said the glove maker has “enormous potential to develop as a lifestyle brand in key global luxury markets such as China, South East Asia and the Middle East,” and said the goal was to transform it into an internationally recognized luxury brand. Cornelia James was originally from Vienna and came to England as a refugee in 1939. The company provided the gloves for the Queen’s wedding and going-away outfit and was handed a Royal Warrant in 1979. The company is run by James’ daughter Genevieve and her husband Andrew Lawson. The terms of the deal were not disclosed. The chairman of The House of Britannia is Lady Rona Delves Broughton, a former Lloyds underwriter, and stepmother of the late Isabella Blow. According to a statement, she was involved with Petherick in the commercial development of the Royal Parks of London and the acquisition of Hardy Amies. “I am delighted to have this opportunity to build a successful and leading group of authentic heritage British companies,” she said.
May 16, 2014