Almost exactly a year ago, in November 2023, it was announced that Temperley had sold a majority stake in the business to Times Square Group and its investment arm Luxutte Capital. Founded by Indian businessman Ritesh Punjabi, the group operates brands including Manolo Blahnik, Furla and Sergio Rossi in the Middle East. Temperley agreed to stay on as creative director, and Luca Donnini remained as CEO (Donnini joined Temperley in 2019 from Guess Europe, where he was president).
The group’s location in Dubai was a draw: 20 per cent of Temperley London’s sales come from the Middle East, with stores in Dubai and Abu Dhabi. “They have the knowledge to grow the business in the Middle East — and they have understanding of the Indian market,” says Temperley. “They have the confidence to deal with that side of the world, and we are left to drive America, [the UK] and Europe, and everywhere else. It’s a perfect partnership.” (Outside of the UK and Ireland, the brand sells in the US, Italy, Japan, Central and South America, the Middle East, Australia, Germany, Switzerland, Turkey and Cyprus.)
Photo: Courtesy of Temperley London
