Touker Suleyman was born in Famagusta, Cyprus and moved to the UK in 1958 on the age of 5 years outdated, settling in London.
His first style of entrepreneurship was shopping for garments for his grandmother to promote on to her mates.
He began off his retail profession correct on the age of 18 through a three way partnership in leather-based firm. He had one thing of a false begin in accountancy after his dad compelled him right into a ‘secure profession’ on the age of 18, however he couldn’t resist the decision of working enterprise.
One among his key learnings was an ill-advised funding into retailer, Bamber, with one other of his companies (Mellins). As he didn’t do any due diligence, he later found that the agency was £20m in debt and vulnerable to liquidation. Mellins was in want of a money injection so he was compelled to unload his dwelling.
He definitely bounced again although. A connoisseur of trend, he purchased menswear model, Hawes and Curtis for £1 in 2001. He hails it as the most effective funding he’s ever made. What he didn’t realise was that the agency was £500,000 in debt and had no inventory. He reworked the corporate and at the moment it’s globally famend. He did a lot the identical reinventing 90s womenswear model, Ghost, in 2008. Later he purchased Finery and Low Profile Holdings. He admits that he likes a fixer-upper, reportedly telling Drapers that he prefers to purchase struggling companies over giant chains.
Enterprise investments within the Den embrace: Dangerous Brownie, Collagin, Timberkits, Beamblock Yogo
