Luxury luggage and accessories brand Knomo has been acquired by Incorporation Retail Group, a newly-launched division of Manchester-based advertising and marketing agency Inc & Company.
The acquisition of Knomo signifies Inc & Co’s initial foray into the retail globe, though the company says a lot more are in the pipeline.
The particular acquisition is part of Incorporation Retail Group’s three-year development and growth plan that looks to shift the company’s operations, team CEO Jack Mason mentioned.
“Acquiring Knomo was an organic move for us, with the brand’s exquisite range of backpacks, briefcases, and laptop bags currently well-loved across the UK, which makes it the perfect brand to mix into the Inc Retail providing, ” Mason said inside a statement.
Inc Retail Team will be headed up simply by newly-appointed managing director Lalu Shaw who has previously already been the board director associated with Jones Bootmaker and kept senior positions at Gant UK, Tommy Hilfiger. Lately, he was in charge associated with retail innovation at Intu shopping centres.
“Dan and am have an unique shared eyesight for how we believe we are able to reimagine the high street and brings with him plenty of knowledge and experience for making that vision come to life, ” Mason said.
Shaw left a comment: “Having spent quite some time doing work in an advisory capacity along with Jack and his team, there was clearly a natural, clear synergy plus shared vision with what both of us want to achieve on the high-street. It’s a very exciting possibility that will allow me the independence to draw upon my very own experience to build a strong store offer for the brands inside the Inc Retail Group. ”
Photo credit: Incorporation Retail Group