Antler bets on House of Brands strategy, targets £100M by FY29

Under new CEO Kirsty Glenne, 100-year-old British luggage maker Antler is pursuing a House of Brands play, having acquired premium label Paravel and accessible brand Nere. FY26 sales are projected at £52M—nearly double FY23's £27.2M—with US growth up 83% and fresh distribution in Korea, Saudi Arabia and Malaysia.

— Filed Fri, 15 May, 2026, 07:44 IST · Source Inside Retail Australia · Updated

British luggage brand Antler unveils House of Brands strategy under new CEO Kirsty Glenne, targeting £100M global sales by FY29 after acquiring Paravel and Nere, with US growth up 83% and new distribution in Korea, Saudi Arabia, Malaysia.

Why this matters

Antler is shifting from single-brand luggage maker to multi-brand group, leveraging Paravel and Nere acquisitions to broaden price tiers and accelerate international expansion beyond its UK core.

Retail-company signals steady at 240 over 90 days, reflecting consistent corporate strategy activity.