Kookai news and archive

Kookaï to open debut UK store on Carnaby Street, London

Australian-owned womenswear retailer, Kookaï, is set to open its debut, permanent UK retail store on Carnaby Street, in London. The flagship store, located at 37 Carnaby Street, spans 1,800 square feet and will mark the national debut of Kookaï’s refreshed brand direction. The upcoming store opening, set to open its doors to the public sometime...

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Business

JOTT placed in receivership

Marseille - Marseille-based ready-to-wear company JOTT, which employs nearly 200 people, was placed in receivership on Thursday. A source close to the matter confirmed this on Friday, corroborating a report from La Provence. According to the ruling reviewed by AFP, the Marseille economic activities court has initiated receivership proceedings...

Retail

Vivarte group sells Kookai to Australian brand, Magi

The textile and footwear group Vivarte, who have been engaged in a disposal and reconstruction plan for several months, announced on Tuesday that they have sold the clothing brand Kookai to the Australian brand, Magi. Magi, launched in 1992 has been the licensee of Kookai in Australia and New Zealand for 26 years, specialists in the apparel...

Fashion

Fashion retailer Kookai to exit UK

Fashion retailer Kookai is winding down the UK arm of its business after initiating a solvent liquidation of its UK assets, a move instructed by its French owner Vivarte Group, which is looking to stem the losses from its international subsidiaries. According to reports, Asher Miller, partner and insolvency practitioner at David Rubin & Partners...

Fashion

High street chain Kookai to close

Kookai, the high street fashion chain, has gone into administration, becoming the latest casualty of the retail slowdown and putting the future of 600 jobs under threat. The collapse of Kookai in the UK came as further evidence emerged that Christmas brought little cheer to many retailers. The gloom was reflected on the stock market, where...

Fashion

Kookai Goes Live With Pin & Chip Integration

Kookai is to be one of the first high-street retailers to use the fully integrated EPOS and Chip & PIN system since introducing the trial of the new card payment process. The project, valued in the region of £100,000, will see Anker Systems implement a Chip & PIN payment system at Kookai's store in Kensington High Street, followed by a complete...

Fashion

Kookai Operator Considering Takeover Bid

Groupe Vivarte, the French fashion retailer which operates the Kookai brand, has received a takeover bid from private equity firm PAI. PAI, which owns a 55.4 per cent stake in the business is offering to buy out the remaining shares at 40 cents (EUR0.4) each. PAI hopes to complete the takeover by the end of this month. Vivarte chairman Georges...

Fashion

Forminster Plans High Street Launch

Forminster, the business that operates Kookaï in the UK, will launch a high street womenswear chain next autumn to help reduce its reliance on the French brand. The company is planning to debut the fashion concept in London before adding another three or four locations, with stores of around 2,000sq ft. It will target customers aged 18-30, and...