Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

Refined Brands

Refined Brands

Vintage: February 2021

Sector: Consumer Goods & Services

Location: Cornwall (HQ)

Type: BIMBO

Souter Role: Co-invesor

Souter Director: Yes

Status: Current

Refined Brands (‘Refined’) is the corporate identity for the ethically sourced, natural and sustainable focussed group of British clothing businesses. 

Having completed its first investment into Cornwall award winning wool based sustainable clothing and homeware retailer Celtic & Co. in February 2021, Refined has since added the following brands to the group:

Frugi: Cornwall-based and established in 2004, Frugi is a leading childrenswear brand with a strong focus on sustainability using organic cotton throughout their collection. Refined acquired the brand via administration in November 2022. The operations and assets of the business have since been relocated to Celtic & Co’s headquarters in Indian Queens resulting in a significant number of local jobs being saved.

Turtle Doves: Founded in 2009 by Kate and Graham Holbrook, Turtle Doves uses post-consumer textile waste to create beautifully upcycled new garments and accessories. Its flagship products include its cashmere fingerless gloves and wrist warmers, all manufactured locally at their head office in Shropshire using discarded or donated woollens. 

Kettlewell Colours: Founded in 2004 by Melissa and John Nicholson, Somerset headquartered Kettlewell Colours was created as an online one-stop-shop for women who love to wear colour all year round offering an extensive catalogue of premium wardrobe pieces and accessories in over 300 colour shades. Adopting an ethos of fair-trading practices, Kettlewell works predominantly with small, family-run factories in Portugal, Turkey and the UK who share their environmental values. 

 

 

w: www.celticandco.com

w: www.welovefrugi.com

w: www.turtle-doves.co.uk

w: www.kettlewellcolours.co.uk