The Cotswold Company is preparing for a potential sale, nearly a decade after being acquired by investment firm True Capital in 2016. True recently appointed Arrowpoint Advisory to develop a long-term disposal plan, although an immediate auction is not expected, according to sources cited by Sky News.
© Cotswold Company
The retailer has shown robust performance in recent months. In a record trading update, revenues for the six months to 30 August rose 30% year-on-year to £56.9 million, significantly outperforming the wider home and furniture market. Active customers also grew 21% to more than 250,000, driven by new showrooms in Harpenden and Knutsford, fresh product ranges, and successful brand-led marketing campaigns.
True Capital is likely to explore a sale within the next couple of years, capitalising on the company's growth and market position. The Cotswold Company has yet to comment on the plans.
The move reflects the continued appetite among investors for established homeware and furniture brands, particularly those demonstrating strong multi-channel performance and regional expansion.
Source: www.retailgazette.co.uk
