A Scottish luxury handbag brand counts the Princess of Wales among its high-profile customers and is moving closer to a private equity deal to sell a stake in the company, according to reports.
The outlets say the brand is pursuing the stake sale after a sustained period of stronger trading and a significant rise in sales. The coverage frames the fundraising effort as part of the company’s next phase of growth following this increase in demand.
While both sources focus on the prospect of a stake sale and the reported sales upturn, they do not provide detailed information on deal size, valuation, or the identity of the private equity bidder. The reporting also does not specify the timing of any transaction or whether the talks will definitely result in a completed sale.
