Unbound Group

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Template:Short description Template:Use dmy dates Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters".

Unbound Group, formerly Electra Private Equity, is a British-based online company specialising in clothing and specialist footwear.[1] It was listed on the Alternative Investment Market until going into administration in July 2023.

History

The company was founded by Michael Stoddart in 1976 as Electra Investment Trust.[2] In 1999, 3i made an unsuccessful hostile bid to take over the company.[2] In 2005, Electra Partners Europe completed a spinout from its investment trust parent.[3] In 2006, Electra Partners Europe renamed itself Cognetas.[4]

In August 2021, the company announced that, following the spin-off of its hospitality business Hostmore plc (the parent company of TGI Fridays in the United Kingdom), it would rename itself Unbound Group and transfer to the Alternative Investment Market.[5] This took effect on 1 February 2022.[6] The company subsequently converted to being a retailer of clothing and specialist footwear.[1] The company went into administration in July 2023.[7]

Activities

Since February 2002, the company has focused on the sale of clothing and specialist footwear.[1]

References

<templatestyles src="Reflist/styles.css" />

  1. a b c Script error: No such module "citation/CS1".
  2. a b Electra bombshell on pay blew up 3i talks The Independent, 30 March 1999
  3. Electra spin-out delays fundraising. Financial News, 27 May 2005
  4. Electra Partners Europe renames itself Cognetas, opens new office in Italy Template:Webarchive. AltAssets, 6 September 2006
  5. Electra Private Equity to rename as Unbound in hospitality demerger City AM 17 August 2021
  6. Our History Unbound Group
  7. Script error: No such module "citation/CS1".

Script error: No such module "Check for unknown parameters".

External links

Template:Authority control