Unbound Group
British clothing and footwear company
From Wikipedia, the free encyclopedia
Unbound Group, formerly Electra Private Equity, is a British-based online company specialising in clothing and specialist footwear.[1] It was listed on the Alternative Investment Market until going into administration in July 2023.
Electra Investment Trust
 | |
| Formerly | Electra Private Equity Electra Investment Trust |
|---|---|
| Company type | Public Company |
| LSE: UBG | |
| Industry | Clothing, footwear, online shopping |
| Founded | 1976 |
| Headquarters | London, England |
Key people | Neil Johnson, (Chairman) Ian Watson (CEO) |
| Products | Investments, private equity funds |
| Website | www.unboundgroupplc.com |
History
The company was founded by Michael Stoddart in 1976 as Electra Investment Trust.[2] In 1999, 3i made an unsuccessful hostile bid to take over the company.[2] In 2005, Electra Partners Europe completed a spinout from its investment trust parent.[3] In 2006, Electra Partners Europe renamed itself Cognetas.[4]
In August 2021, the company announced that, following the spin-off of its hospitality business Hostmore plc (the parent company of TGI Fridays in the United Kingdom), it would rename itself Unbound Group and transfer to the Alternative Investment Market.[5] This took effect on 1 February 2022.[6] The company subsequently converted to being a retailer of clothing and specialist footwear.[1] The company went into administration in July 2023.[7]
Activities
Since February 2002, the company has focused on the sale of clothing and specialist footwear.[1]