Announcement of new design collaboration

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	[phone]	[e-mail]
Chief Executive David Sproston	[phone]	[e-mail]
Group Finance Director
Hudson Sandler:
Dan de Belder	[phone]	[e-mail]
Nick Moore
Panmure Gordon (Nominated Adviser and Broker):	[phone]
Freddy Crossley	Corporate Finance
Rupert Dearden	Corporate Broking

Singer Capital Markets (Joint Broker):	[phone]
Peter Steel	Investment Banking
Rachel Hayes

 

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