UK: Hector Russell Bought By Edinburgh Woollen Mill
Scottish kilt maker Hector Russell has been acquired by larger competitor Edinburgh Woollen Mill Group, which plans to expand the business.
Edinburgh Woollen Mill, which owns 300 high-street and tourist stores in the UK, aims to make Hector Russell more affordable for a bigger number of people and is likely to incorporate the brand into its own stores.
Hector Russell, which currently has three stores in Edinburgh, Glasgow and Inverness, was sold by chairman and owner Mike Cantlay.
Edinburgh Woollen Mill is a private company, with most shares owned by the business's management.
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