Updated: Next bolsters brand portfolio with swoop on Cath Kidston

Cath Kidston

Fashion giant Next has added to its stable of brands with the acquisition of Cath Kidston for £8.5m.

Next, which has for some time been building a portfolio of brands to sell alongside its own collections, has agreed to acquire the brand name, domain names and intellectual property of CK Acquisitions from administrators after a pre-pack deal.

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