Timeless Group of Companies, recently rebranded from Times Square Group, has announced its acquisition of the celebrated London-based footwear label, Kat Maconie, marking a fresh chapter for both the iconic footwear label and the luxury portfolio of Timeless Group.
Known for colorful, bold, and statement-making designs, Kat Maconie has gained a global following since 2009. Now, with Timeless Group’s investment arm, Luxutte Capital, backing the brand’s vision, Maconie is ready to take things even further, bringing a layer of boldness and creativity that complements the region’s unique taste for statement fashion.
Kat Maconie, the designer behind the eponymous brand, expresses excitement for the new partnership, saying, “I am excited Kat Maconie has found a wonderful home with Luxutte Capital. Their reputation and understanding of the luxury market aligns perfectly with our brand’s ambitions for growth. This acquisition will allow the brand to reach new heights while staying true to the essence of what makes Kat Maconie special.”
“We are thrilled to welcome Kat Maconie into the Timeless Group of Companies family. This acquisition not only expands our portfolio but also aligns perfectly with our commitment to nurturing exceptional brands that redefine fashion standards,” said Ritesh Punjabi, Timeless Group’s CEO.
“Kat Maconie has carved out a niche with its playful yet sophisticated designs, and we look forward to preserving and enhancing the brand’s DNA while exploring new avenues for growth,” he adds.
Be on the Watch
Over the next two years, Timeless Group plans to open flagship Kat Maconie stores in the UAE and London and introduce a new range of accessories and bags that embody the brand’s signature look.
