New and Lingwood acquired by Pop Capital

Men’s tailoring brand New and Lingwood has been sold by South African entrepreneur Anthony Spitz to US investment firm Pop Capital for an undisclosed sum.

The Jermyn Street retailer, which has sold the Eton College uniforms for the past 150 years, will now be under the control of the New York-based Pop Capital, which focuses on luxury brands.

Spitz, the family-owned fashion conglomerate bought New and Lingwood in 1992, along with some other investors, and as part of the deal with Pop Capital, Anthony Spitz will remain as chairman of the operating company behind the menswear brand. Spitz will also retain a minority stake in the company.

New and Lingwood was established in 1865 to serve the scholars of Eton College, in 1922 the menswear brand opened a shop on Jermyn Street offering bespoke and ready-made shirts and footwear. The brand has an international reputation for quality and serving high-profile men with clients coming from the UK, across Europe, the US, Australia, Japan and the Far East.

Image: New and Lingwood