
Telegraph: Hackett has designs on worldwide expansion
Hackett, the UK-based upmarket menswear retailer, is drawing up plans for a major expansion into the US, Japan and Germany. The store group, which is owned by Richemont, the Swiss luxury goods company, is in talks with potential retail, wholesale and licensing partners about opening stores or striking distribution deals in the three countries.Hackett is likely to enter the Japanese market first, where consumers have an insatiable appetite for Western brands, with the US and Germany to follow.
"We are a brand with global potential. We believe that there is a major city everywhere in the world where men are interested in a British stylised look," said Sven Gaede, Hackett's managing director. Hackett currently has 27 stores in the UK, Spain and France, and a wholesaling deal in Italy....