REG - Portmeirion Group - Announcement of new design collaboration

PortmeirionAnnouncement

03/11/2022 07:00

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RNS Number : 1442F  Portmeirion Group PLC  03 November 2022

 

3rd November 2022

 

PORTMEIRION GROUP PLC

(the 'Group')

Announcement of exciting new design collaboration between Spode and

Kit Kemp Design Studio

 

Portmeirion Group PLC, the designer, manufacturer and worldwide distributor of
high quality homewares under the Portmeirion, Spode, Royal Worcester,
Pimpernel, Wax Lyrical and Nambé brands is pleased to announce a new and
exclusive design collaboration between our Spode brand and Interior Designer
Kit Kemp MBE, Founder and Creative Director of Firmdale Hotels and Kit Kemp
Design Studio.

Kit Kemp Design Studio is celebrated for its individual and original approach
to hotel and residential design, with colourful and detailed interiors which
celebrate craft and capture the imagination. Firmdale Hotels comprises 10
luxury hotels including Ham Yard Hotel in London and Crosby Street Hotel in
New York. Shop Kit Kemp brings together her range of furniture, fabrics,
fragrance and home accessories and Kit is also the author of four books on
interiors and design.

The Kit Kemp collection for Spode is an exciting new range of tableware and
giftware. The 'Tall Trees' design will be featured throughout the new Warren
Street Hotel in New York's Tribeca neighbourhood, Firmdale's next property
opening in September 2023. The new consumer collection will be available in
stores worldwide and online in April 2023 after its launch at the Spring 2023
New York Tabletop & Gift Show.

This collaboration, for an initial period of five years, further demonstrates
the Group's commitment to expand our customer base and grow market share
across our portfolio of brands.

As we continue through our key seasonal trading period, Group sales remain
robust and further to our interim announcement on 15 September 2022 trading
for the months of September and October have been in line with management
expectations.

 

Mike Raybould, Chief Executive commented:

"Spode started life in 1770 and its heritage and contemporary tableware
designs are much loved around the world. It has been a delight to work with
Kit Kemp to create a new British design collaboration inspired by her unique
approach to interior textiles. We can't wait to bring these new ranges of
tableware and giftware to consumers around the world in 2023."

Kit Kemp, Founder and Creative Director of Firmdale Hotels and Kit Kemp Design
Studio commented:

"We are thrilled to be collaborating with Spode on this specially designed
collection of table and homewares. We have featured our signature designs
throughout the range such as Rick Rack and our new Tall Trees pattern which
features a special treetop view surrounded by birds, mythical creatures and
rolling hills creating a sense of whimsy and delight."

Notes: This announcement contains inside information for the purposes of the
retained UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK
MAR").

 

Enquiries:-

 

 Portmeirion Group PLC:
 Mike Raybould                     +44 (0) 1782 743443    mraybould@portmeiriongroup.com
 Chief Executive

 David Sproston                    +44 (0) 1782 743443    dsproston@portmeiriongroup.com
 Group Finance Director

 Hudson Sandler:
 Dan de Belder                     +44 (0) 207 796 4133   portmeirion@hudsonsandler.com
 Nick Moore

 Panmure Gordon                    +44 (0) 207 886 2500

 (Nominated Adviser and Broker):
 Freddy Crossley                   Corporate Finance
 Rupert Dearden                    Corporate Broking

 

 Singer Capital Markets

 (Joint Broker):         +44 (0) 207 496 3000
 Peter Steel             Investment Banking
 Rachel Hayes

 

 

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