Umar Kamani who started the company with his brother Adam Kamani in 2012 revealed that he would be stepping down to pursue new challenges and launch new brands.
Isatou Ndure April 18, 2023
The founder and chief executive officer of the fast fashion chain PrettyLittleThing, Umar Kamani, is stepping down.
Recommended Buyer's Guides
The fast fashion retailer, valued at around US$3.8bn, began life as a market stall selling handkerchiefs and towels before expanding rapidly to become one of the world’s biggest fashion brands.
Go deeper with GlobalData
Kamani expressed his gratitude for the memories and support he received during his tenure at the company, which saw him sell 34% of his stake in 2020 to his father Mahmud Kamani, the executive chairman of the fashion group Boohoo.
“I’m at the stage in my life where I need to set myself new challenges and goals and build new brands that hopefully you all love and support as much as you did with this one.
“When I first had the idea of setting up this brand, I could never have imagined what we would go on to achieve. Since our humble beginnings in 2012, PLT has gone on to eventually become one of the biggest fashion brands in the world.”
See Also:
PrettyLittleThing‘s parent company, Boohoo, took centre-stage for a panel discussion at Source Fashion ( February 2023) and spoke exclusively to Just Style about building an ethical brand through industry collaboration and sourcing sustainably.
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Company Profile – free sample
Your download email will arrive shortly
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
