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Robert Gawn buys Silk Industries out of administration

Jan '21
Pic: Vanners
Pic: Vanners
UK-based Silk Industries Ltd, which trades under the name of Vanners, was recently bought out of administration by Robert Gawn, the owner of British luxury goods maker Swaine Adeney Brigg. Silk Industries had appointed administrators from KPMG Restructuring after it had collapsed into administration following the COVID-19 pandemic’s impact.

Vanners managing director Laura Gore said the completion of the purchase has not only helped save several jobs, but also ensured that the historic firm continues running with a new impetus, according to British media reports.

Though 2021 will continue to be as challenging as 2020 was, Vanners will be excited to work with its existing clients in addition to introducing new ones to its products, she added.

Silk Industries’ businesses include manufacturing textile products, including linen goods and upholstery filling.

Fibre2Fashion News Desk (DS)

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February 2021

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