Knomo acquired by Inc & Co
Luxury accessories brand Knomo has been acquired by digital group Inc & Co.
The move marks the group’s expansion into the retail sector for which it has set up a new division called Inc Retail. In a statement, the group said other acquisitions are in the pipeline.
Jack Mason, group chief executive of Inc & Co, said: “As part of our three-year growth and development plan, we are proud to be continuing to diversify our operations, and we’re incredibly excited to be moving into the world of retail. Acquiring Knomo was a natural move for us, with the brand’s exquisite range of backpacks, briefcases, and laptop bags already well-loved across the UK, making it the perfect brand to blend into the Inc Retail offering.”
Inc Retail will be headed up by Dan Shaw, who has taken up the role of managing director. He is a former board director of Jones Bootmaker and has previously held senior roles at Gant UK, Tommy Hilfiger and Intu.
Mason added: “Dan and I have a unique shared vision for how we believe we can reimagine the high street and he brings with him a wealth of knowledge and experience to make that vision come to life,”
