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Bothy Threads to takeover Derwentwater Designs

By Mark Hayhurst 09 Aug 2017

Bothy Threads are set to takeover the business interests of Derwentwater Designs.

They have an reached an agreement in principle and the deal is expected to be completed at the start of September.After completion, all Derwentwater Designs’ products will be available through Bothy Threads.

Kate Golby, managing director of Bothy Threads, said: “Rose and Sid Swalwell have built Derwentwater Designs into one of the UK’s leading sewing kit businesses and I’m proud to be able to take it forward as they take a well earned retirement.”

The deal was first talked about at CHSI Stitches back in February this year.

John Golby, Bothy Threads company secretary, said: “It was a good fit for us. They have got a complimentary product range, very nice designs we have always liked them.

“It will almost double the number of designs that we can offer – we have about 300-350 designs each.

“We got to know Sid and Rose well over the years going to the same trade shows. We were at CHSI Stitches and after the last one I half jokingly said to Sid “aren’t you thinking about retiring yet” and he said “yes”. So it followed on from that conversation and it is a very amicable arrangement that suits us all.

“We will be having our Christmas collection coming out in November. There will be a range of different designers and certainly some more Hannah Dale designs which have been very popular.”They have an reached an agreement in principle and the deal is expected to be completed at the start of September.

After completion, all Derwentwater Designs’ products will be available through Bothy Threads.

Kate Golby, managing director of Bothy Threads, said: “Rose and Sid Swalwell have built Derwentwater Designs into one of the UK’s leading sewing kit businesses and I’m proud to be able to take it forward as they take a well earned retirement.”

The deal was first talked about at CHSI Stitches back in February this year.

John Golby, Bothy Threads company secretary, said: “It was a good fit for us. They have got a complimentary product range, very nice designs we have always liked them.

“It will almost double the number of designs that we can offer – we have about 300-350 designs each.

“We got to know Sid and Rose well over the years going to the same trade shows. We were at CHSI Stitches and after the last one I half jokingly said to Sid “aren’t you thinking about retiring yet” and he said “yes”. So it followed on from that conversation and it is a very amicable arrangement that suits us all.

“We will be having our Christmas collection coming out in November. There will be a range of different designers and certainly some more Hannah Dale designs which have been very popular.”