Rowland’s Clothing under new ownership

Rowland’s Clothing, a multichannel retailer of apparel, has been acquired by a consortium including New World Private Equity and new chairman Stewart Cantley.

Cantley joins Rowland’s established management team, which includes David Selby as managing director and Jeremy Jarvis as financial director.

Rowland's Clothing, established more than 25 years ago, targets women aged 55 and older with a range of clothing and accessories. It  has retail outlets in Bath, Bradford on Avon, Chichester, Farnham, Lymington, Marlborough and Salisbury, as well as a catalogue and online business based in Trowbridge, Wiltshire.

New World Private Equity’s previous investment include young-fashion brand Lipsy, which sold to Next in 2002 and retailer and consumer finance specialist Cash Generator, which was sold to Axcess Financial in 2010.