Theo Fennell news and archive

Theo Fennell reveals a big cut in losses

Theo Fennell reveals its losses more than halved in the six months to leading to end of September 2012, as the luxury jeweller restructured its business and made substantial cuts to overheads. The group, which is in discussions with private equity firm EME Capital over a potential offer for the business, made a first half loss before taxation of...

Design

Fashion jeweller shares rise after bid

Shares in fashion jeweller Theo Fennell rose an incredible 50% after the company said it had received a bid approach. Designer Theo Fennell said it had received a preliminary approach from EME Capital, a private equity firm. Shares in the firm, whose customers include the Beckhams and Helen Mirren, had already risen sharply this week. Although...

Fashion

Luxury fashion houses need apprentices

Sales of luxury may well have ricocheted into new territories with China’s currently soaring market in ever increasing demand for fine jewellery, clothes and accessories but houses have one main deficiency; artisans to produce these goods. As much as the tailoring and craft of the recent Mcqueen dress for the British Royal Wedding was much...

Fashion

Record results for Theo Fennell

British jeweller Theo Fennell has announced pre-tax profits more than doubled to £1.6 million on sales up 30 percent to £25.4 million, compared with £19.4 million last year. Christmas sales and demand for the firm's new collections boosted turnover. Theo Fennell, which is popular among celebrities like Elton John and the Beckhams, is celebrating...

Fashion

Theo Fennell contemplates expansion plans

British jeweller Theo Fennell is hoping to expand his business by trying to enter the US market. "We've finally decided to go for it and and not keep ourselves a secret anymore," the designer told WWD. The brand is already a big hit with British celebrities like Liz Hurley, Elton John and the Beckhams, with its signature bejewelled crosses and...

Fashion

Theo Fennell considers new bids

British celebrity jeweller Theo Fennell announced that it is currently talking to various interested parties in order to obtain new investment, reports Reuters. In November, the company said that it had received a tentative offer from an unnamed bidder. "Since that time, it has been approached by a number of other interested parties with whom it...