Harold Tillman helped seal N Brown fashion deal By CITY & FINANCE REPORTER Updated: 16:51 EST, 21 December 2024 e-mail View comments One of British fashion's most influential figures is understood to have helped strike a multi-million-pound deal that secured the buyout of fashion group N Brown. Harold Tillman, the former head of fashion brand Jaeger and luxury retailer Aquascutum, arranged negotiations between retail tycoon Mike Ashley and Lord Alliance, whose family took control of N Brown in a £191 million swoop in October, according to a source. At the time of the buyout, Ashley's Frasers Group controlled just over 20 per cent of N Brown.
Ashley is thought to have approached Tillman to help discuss the buyout with Alliance, chairman of N Brown since 1968. Two's company: Harold Tillman pictured with supermodel Naomi Campbell RELATED ARTICLES Previous 1 Next Can N Brown's new bags dissolve our waste woes? Another loss for AIM market as Simply Be owner agrees £191m..
. Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account It resulted in a takeover by a firm controlled by the chairman's son Joshua Alliance. It is not known if Tillman, the former chairman of the British Fashion Council, received any compensation for his services.
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Harold Tillman helped seal N Brown fashion deal
Harold Tillman arranged negotiations between retail tycoon Mike Ashley and Lord Alliance, whose family took control of N Brown, according to a source.