Image Pakistan plans acquisition of UK luxury brand
MG News | July 09, 2025 at 01:30 PM GMT+05:00
July 09, 2025 (MLN): Image Pakistan Limited (PSX: IMAGE) disclosed plans to acquire M/s. Elegantes London (Holdings) Limited, a Harrods-listed ultra-luxury fragrance and wellness brand, through its wholly owned subsidiary M/s. Image International Limited, incorporated in England & Wales.
The proposed acquisition offers strong brand equity and significant white-space opportunities across the UK and USA, providing a platform for growth in the expanding global luxury sector.
The aforementioned information was disseminated through a notification to Exchange.
The company already has plans to enter the fragrance business in the near future.
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