TG账号批量盗取破解技术|【唯一TG:@heimifeng8】|长沙USDT手续费优惠✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Karen Millen reportedly up for sale, any deal would include Coast
Sandra Halliday Published
June 3, 2025
Fashion chain Karen Millen is considering a sale after having had a number of unsolicited takeover approaches with Deloitte reportedly having been called in to review the options available to the retailer.
It’s easy to see the chain’s appeal. Despite seeing both ups and downs in recent years, Karen Millen is one of the best known womenswear names in UK physical retail with a strong business in the occasionwear sector and the wider smart day and eveningwear sectors.
But on the downside, in the year to February 2025, it made a pre-tax loss of £9.5 million on sales of £161.9 million.
It’s controlled by Kaupthing, one of the Icelandic banks that suffered massively in the financial crisis a decade ago, but it’s unclear at present how much the bank would be able to recoup if a sale does happen. Any deal is likely to be several months away, according to a Sky News report.
Karen Millen employs round 1,700 and has 57 of its own stores, as well as numerous department store concessions.
One factor to take into account is that any sale would also include the Coast brand. Karen Millen bought the brand out of administration last October and closed its standalone stores, also making redundancies at its own head office as it launched a review of the two operations. The Coast buy added another 600 people to the payroll.