Are you a fashion enthusiast? Or are you just curious about the ownership of iconic fashion stores?
If so, you might be wondering who owns Stuarts London, an iconic menswear store located in West London. Well, wonder no more because we have all the details.
What is Stuarts London?
Stuarts London is a menswear store that has been in existence for over 50 years. It was established in the mid-1960s by Stuart Ziff as a small tailoring business. Over time, the store expanded and became popular for its high-quality men’s clothing and accessories.
Who Owns Stuarts London?
Stuart Ziff still owns and manages Stuarts London, which he founded over 50 years ago. However, there have been changes in ownership structures over the years.
In 2005, Ziff sold 51% of his shares in the company to E-Tail Group Ltd., which is owned by David Schneider and Michael Ross. The two businessmen brought new ideas and resources to the company and helped it grow rapidly.
In 2011, E-Tail Group Ltd. bought an additional 39% of Stuarts London’s shares. This increased their ownership stake to 90%, leaving Ziff with only a 10% stake in the company. However, despite this change in ownership structure, Stuart Ziff remained actively involved in managing the company.
Recent Changes
In recent years there have been further changes to Stuarts London’s ownership structure. In 2018, JD Sports acquired E-Tail Group Ltd., which meant that they also acquired their stake in Stuarts London.
However, despite these changes in ownership, Stuart Ziff still remains involved with Stuarts London as a consultant for the brand.
The Legacy of Stuarts London
Stuarts London has a rich history and has become an iconic brand in the menswear industry. The store continues to attract customers from around the world, who are drawn to its unique selection of clothing and accessories.
Conclusion
In conclusion, Stuart Ziff is the founder and current owner of Stuarts London, with JD Sports owning a significant stake in the company. However, despite changes in ownership over the years, Stuarts London remains a popular destination for fashion-conscious men who are looking for high-quality clothing and accessories.
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