Hackett (clothing brand) explained

Hackett Limited
Type:Private
Foundation:London, England
Location:London, England
Industry:Clothing
Owner:M1 Group and L Capital Asia

Hackett Limited is a British multi-channel retailer of clothing for men and boys, with a broad range of apparel and accessories. It was founded in 1983 in London, England. As of June 2019, the company had 160 stores globally, with its flagship store at 14 Savile Row in London.[1] [2]

History

A Hackett shop in El Corte Inglés department store in Vitoria, Spain|thumb|230px|rightHackett was founded in 1983 by Jeremy Hackett and Ashley Lloyd-Jennings from a stall on London's Portobello Road.[3] The first shop, on the "wrong end" of King's Road, in London's Chelsea district, was selling only used clothes.[4]

The company gradually expanded over several years, increasing the number of branches and moving from acquiring and selling second-hand clothing to designing and selling its own items. International expansion began with the 1989 opening of a Spanish branch in Madrid.[5] In 1994, Hackett opened a shop on the Rive Gauche in Paris before adding children’s clothes to its collection a year later.

In June 2005, Richemont sold Hackett to the Spanish investment company Torreal S.C.R., S.A.[3] Hackett appointed American creative director Michael Sondag, who joined Hackett from Tommy Hilfiger in 2005.[6] [7]

In February 2015, Hackett (part of the Pepe Jeans Group) was bought by Lebanese firm M1 Group and by LVMH subsidiary L Capital Asia. Hackett and Pepe Jeans were previously owned by Torreal Funds (31 percent), Artá Capital (16.4 percent), L Capital Europe (11.5 percent) and its managers.[8] Hackett became the official clothing supplier to the Williams Martini Racing team, from the 2015 season onwards.[9]

The company's flagship store at 14 Savile Row in London was previously a Hardy Amies shop from 1946 until March 2019; the space was taken over by Hackett in June 2019.[10] [11]

Notes and References

  1. News: Jeremy Hackett returns to Savile Row with menswear store planned . 15 April 2020 . Evening Standard . 13 June 2019 . en.
  2. News: Jeremy Hackett in Savile Row return as his label plans flagship at number 14 . 15 April 2020 . FashionNetwork.com . en-UK.
  3. News: Spanish buy Hackett for 15m . The Times . London . Sarah . Butler . 3 June 2005 . 4 May 2010.
  4. News: Menkes. Suzy. Suzy Menkes. Hackett: A ‘Heritage’ That’s Oh-So-British. 11 January 2010. The New York Times. 15 October 2010.
  5. Web site: Jeremy Hackett Interview — Gentleman's Gazette. www.gentlemansgazette.com. 19 April 2016.
  6. Web site: Spear . Stephen . Jeremy Hackett . Drapers . 15 April 2020 . en.
  7. News: The Work: New campaigns - UK . 15 April 2020 . Brand Republic.
  8. Web site: Pepe Jeans Group bought by LVMH subsidiary and Lebanese group. 11 February 2015. 18 June 2015. FashionUnited.
  9. Web site: Hackett London x Williams Martini Racing: Unique Replica Kit Collaboration Launch . Inveterate . 13 March 2015 . 13 March 2015 . Inveterate . dead . https://web.archive.org/web/20150315224047/http://www.inveterate.co.uk/style/hackett-london-x-williams-martini-racing-unique-replica-kit-collaboration-launch/145819/ . 15 March 2015 . dmy-all .
  10. News: Hackett flagship to replace Hardy Amies on Savile Row - Retail Gazette . 15 April 2020 . Retail Gazette.
  11. News: Hardy Amies Savile Row store closes . 15 April 2020 . Drapers . en.