Kit and Ace

Kit and Ace
Industry Retail
Founded 2014
Founder Shannon Wilson
J. J. Wilson
Headquarters Canada
Number of locations
 6 (2018)
Owner George Tsogas
Website www.kitandace.com/ Edit this on Wikidata
Kit and Ace, Monmouth Street, Covent Garden, London. This location has since closed.

Kit and Ace is a Canadian apparel brand founded in 2014 by Shannon Wilson, former lead designer of Lululemon Athletica, and her stepson J. J. Wilson. The company is best known for producing machine-washable technical cashmere wool clothing and accessories.[1] Hold It All Inc., a Vancouver-based holding company, owned the brand up until the end of August 2018.[2] On August 31, 2018, CEO George Tsogas acquired Kit and Ace from the company's founders.[3]

The brand has retail stores in Canada, and formerly had retail stores in the US, the UK, and Australia.[4] In September 2015, the company installed shop-in-shop cafes from Toronto-based Sorry Coffee Co in its London and Toronto stores.[5][6] In April 2017 Kit and Ace closed all its international stores, focusing on e-commerce and its 9 Canadian shops.[7]

Kit and Ace has never accepted cash as payment, allowing stores to be more efficient.[8]

References

  1. ↑ Halzack, Sarah (14 August 2014). "What a new shopping hub in D.C. shows us about the future of retail". Washington Post. Retrieved 16 August 2015.
  2. ↑ Kit and Ace lays off some head office staff, closes international stores The Canadian Press April 26, 2017
  3. ↑ "Vancouver's Kit and Ace clothing brand has been sold to a new owner". Daily Hive Vancouver. 11 October 2018. Retrieved 12 October 2018.
  4. ↑ Ho, Solarina (5 March 2015). "Kit and Ace steps up international growth with Lululemon founder backing". Reuters.
  5. ↑ sprudge.com All Apologies: Toronto’s Sorry Coffee Company Inside Kit And Ace, ASHLEY TOMLINSON
  6. ↑ LaRose, Lauren (3 September 2015). ""Canadian retailer Kit and Ace expands". The Star.
  7. ↑ Clothing chain Kit and Ace closes stores outside Canada ANDREW WILLS AND MARINA STRAUSS, The Globe and Mail April 26, 2017
  8. ↑ Argo Tea scales back cashless plan to just 3 locations, Samantha Bomkamp, Chicago Tribune 21 April 2017
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