KNOMO London Acquired By Inc & Co With The Launch Of New Division.
Leading inclusive and collaborative digital group, Inc & Co, announces new division Inc Retail Group. Despite challenging market conditions within the retail environment, Inc & Co is on track with its growth and development plans with the launch of a new division that will see the Manchester-founded business collective expand into the retail arena for the first time.
Inc Retail Group will be kickstarted through the acquisition of the much-loved accessories brand, KNOMO London, which will be instrumental in developing the retail operation arm. Featured in GQ Magazine, Elle & Forbes, KNOMO is one of the country’s highest-rated providers of luxury bags, sourcing the finest full-grain leathers and durable, premium fabrics from across the globe.
Jack Mason, Group CEO, parent company Inc & Co says “As part of our three-year growth and development plan, we are proud to be continuing to diversify our operations, and we’re incredibly excited to be moving into the world of retail. Acquiring KNOMO was a natural move for us, with the brand’s exquisite range of backpacks, briefcases, and laptop bags already well-loved across the UK, making it the perfect brand to blend into the Inc Retail offering.”
Inc Retail Group will be headed up by newly appointed, experienced industry expert Dan Shaw, who has been brought on board as Managing Director of the retail group. “Dan and I have a unique shared vision for how we believe we can reimagine the high street and he brings with him a wealth of knowledge and experience to make that vision come to life,” says Mason.
Dan Shaw, the former board director at Jones Bootmaker, has previously held senior roles at Gant UK, Tommy Hilfiger, and most recently headed up retail innovation at intu shopping centres. Shaw is excited to join the team and brings extensive experience in wholesale, franchise, and retail operations, and is looking to bring several brands to sit within the retail group that complement Inc & Co’s vision.
Speaking of his new role at Inc Retail Group, Shaw said; “Having spent quite some time working in an advisory capacity with Jack and his team, there was a natural, clear synergy and shared vision with what we both want to achieve on the high street. It’s a very exciting opportunity that will allow me the freedom to draw upon my own experience to build a strong retail offer for the brands within the Inc Retail Group.”.
Inc Retail Group will soon be announcing further acquisitions that are currently in the pipeline and this initial acquisition of KNOMO will propel the retail division in Q1 2021 and beyond.
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