Hogan Lovells advises on sale of fashion brand Nicole Farhi

Hogan Lovells has advised on the £5.5m sale of global fashion brand Nicole Farhi to Maxine Hargreaves-Adams, the owner of Fenn Wright Manson and daughter of Matalan founder John Hargreaves.

Hogan Lovells advised administrators Peter Saville, Anne O’Keefe and Fraser Gray of Zolfo Cooper on the disposal as part of the administration of the Nicole Farhi business.

Prior to the appointment of administrators, Hogan Lovells had advised private-equity firm and long-standing client Kelso Place Asset Management in its capacity as Nicole Farhi’s majority shareholder.

The Hogan Lovells team advising the administrators was led by London business restructuring and insolvency partner Joe Bannister, assisted by associate Jon Dabbs, real-estate partners Dan Norris and Mathew Ditchburn and counsel Anita Zacharias.