Timeless Group of Companies, formerly known as Times Square Group, has made an exciting move in the luxury retail sector through its investment division, Luxutte Capital. The group proudly announces the full acquisition of the dynamic London-based footwear brand Kat Maconie, celebrated globally for its bold, vibrant designs and distinctive, playful style. This acquisition represents a significant stride for Timeless Group, further establishing it as a formidable force in both regional and international luxury retail markets.
The acquisition aligns seamlessly with the vision of Ritesh Punjabi, CEO of Timeless Group of Companies, who expressed his excitement for the partnership and the synergy it brings. “We are thrilled to welcome Kat Maconie into the Timeless family. This acquisition not only broadens our portfolio but aligns with our commitment to cultivating brands that redefine fashion standards,” he shared. “Kat Maconie has carved out a unique niche with its sophisticated, statement-making designs, and we are eager to both preserve and enhance the brand’s essence while exploring avenues for expansion.”
Kat Maconie’s journey began with a commitment to empowering women to express their individuality through statement footwear. Known for its artistry and meticulous craftsmanship, the brand has achieved international acclaim for its distinctive approach to luxury design. Founder Kat Maconie voiced her enthusiasm for the acquisition, stating, “I’m excited for Kat Maconie to find its new home with Luxutte Capital. Their understanding of the luxury market aligns perfectly with our vision for growth. This partnership offers an opportunity for the brand to reach new heights while staying true to what makes Kat Maconie special.”
With this acquisition, Timeless Group of Companies signals its intention to further innovate and expand within the luxury sector. Future plans include the opening of a flagship store in the UAE and another in London within the next two years, complemented by a broader global rollout. These initiatives will strengthen Timeless Group’s commitment to creating unparalleled customer experiences and setting new benchmarks in the retail market.
As part of the growth strategy, Timeless Group also plans to diversify Kat Maconie’s product offerings, introducing a range of bags and accessories that reflect the brand’s iconic, artful aesthetic. This marks a new chapter of brand synergy and passion, underscoring Timeless Group’s dedication to elevating luxury standards and fostering the growth of bold, expressive brands on the world stage.
With Kat Maconie joining its portfolio, Timeless Group of Companies is poised to leave an indelible mark on the world of high fashion, delivering fresh innovations and expanding its reach to fashion-forward consumers globally.
