SOLD: Bank Fashion IP Asset Sale

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An excellent opportunity has arisen to acquire the leading high street fashion brand BANK and a number of additional fashion brands including popular womenswear brand “Ribbon” and other IP assets including registered trade marks, customer database and branded domain name.

IP ASSET HIGHLIGHTS

  • Popular high street brand “BANK”
  • Further attractive fashion brands
  • Extensive trade mark protection
  • Branded domain name
  • Customer database

SALE

All offers or requests for more information should be submitted by email directly to Nat Baldwin at nat@metispartners.com.

William Dawson, Daniel Smith and Paul Meadows of Deloitte LLP, Joint Administrators of Bank Fashion Limited (in Administration) (“BANK” or “the Company”) have appointed Metis Partners to sell the extensive trade mark portfolio and the goodwill rights in numerous brands traded by the Company. Trade marked brands available for sale include the high street staple brand “BANK” as well as related IP assets including a customer database and domain name, and attractive ladies and menswear brands “Ribbon”, “Heaven Sent”, “Fred & Boston”, “Kitsch Couture”, “Bishoujo”, “Irreverence”, “Tortured Genius”, “Subsocial” and “Turn & Face”.

Launched in the early 1990s as one of the first UK branded fashion concepts, BANK is established as a leading retailer of trendy and dynamic fashion items. A number of attractive own-label fashion brands were created or acquired by the Company over its lifespan. Sales of branded products have been made in a chain of over 80 BANK stores across the UK stores and online. Annual turnover has repeatedly exceeded the £100m mark in recent years.

BRANDS

The brands have benefitted from the Company’s extensive marketing activities and have featured in marketing material including e-shots, outdoor imagery, catalogues, magalogues and lookbooks. The brands have also been enhanced by the Company’s strong social media presence achieving over 185,000 Facebook likes and over 37,000 Twitter followers.

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The IP assets have been divided into ten lots, one in relation to each brand and related trade marks available for sale.

BANK

BANK

The BANK brand has been an important high street name for more than two decades bringing the latest catwalk trends to fashion-savvy customers. Assets available for sale alongside the BANK brand include the bankfashion.co.uk domain name and an extensive customer database.

HEAVEN SENT

HEAVEN SENT

Heaven Sent is BANK’s edgy, “rock chick” glam brand.

IRREVERENCE

Irreverence is a menswear brand associated with rebellious urban gothic looks.

TURN & FACE

TURN & FACE

Turn & Face is a casual clothing and accessories brand.

SUBSOCIAL

SUBSOCIAL

Subsocial is a menswear brand associated with bold graphics and humorous statement pieces.

FRED & BOSTON

FRED & BOSTON

Fred & Boston is a casual sports and streetwear brand with an American culture and lifestyle inspiration.

BISHOUJO

BISHOUJO

Bishoujo is an attractive brand inspired by Japanese anime and manga animation characters.

TORTURED GENIUS

TORTURED GENIUS

Tortured Genius is a modern casual menswear brand with a distinctive and provocative brand name.

KITSCH COUTURE

KITSCH COUTURE

Kitsch Couture is best known as a chique and glamorous ladies’ footwear brand and has wide brand extension potential having previously been applied to jersey clothing items.

RIBBON

RIBBON

One of BANK’s best-selling ladieswear brands, Ribbon has been applied to collections of spirited and feminine clothing and footwear.

A high resolution brand brochure which highlights the strength and appeal of the BANK brand and additional information in relation to the other brands for sale can be requested from Nat Baldwin.

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