Clive Christian, the interiors and perfume company, is to be bought by a consortium that includes the founders of Stagecoach and venture capitalist Jon Moulton.  EME Investments 5 will buy a majority stake from the brand’s founder – also named Clive Christian – for an undisclosed sum, Sky News reported. The deal is expected to be announced on Friday.
Investors in the vehicle include Sir Brian Souter and his sister Ann Gloag, who set up a $3Billion transport company Stagecoach in 1980, Perscitus Advisers, the family office of Better Capital founder Mr Moulton, and investment group EME Capital.

Clive Christian, which has its headquarters in Mayfair, was founded in 1978, and now employs hundreds of people. It boasts that its Clive Christian No 1 fragrance, launched in 2001, is the most expensive perfume in the world, at $2,150 an ounce.
Mr Christian later created a special bottle of the perfume to mark the opening of his first boutique in Harrods. The No1 Passant Guardant, which comes in a crystal bottle featuring 24-carat gold, 2,000 white diamonds, two yellow diamonds and one pink diamond, costs $215,586. A pretty penny if you want to indulge in some opulence.

Mr Christian will remain with the company as creative director, while former Molton Brown executive Amy Nelson-Bennett will be named chief executive.  According to Sky News, Mr Christian – who was made an OBE in the 2012 New Year Honours for services to the luxury goods industry – will point to the deal as “a wonderful opportunity” for his company.
“The brand is unapologetically British, heraldic, opulent and committed to producing the absolute best in its field regardless of cost”.

2016-04-29T21:35:22+00:00 December 21st, 2015|Fragrance|

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