Touker Suleyman | |
---|---|
Suleyman in 2015
|
|
Born |
Türker Süleyman 4 August 1953 Famagusta, Cyprus |
Residence | London, England |
Occupation | Businessman |
Net worth | £150 million (2015) |
Children | 2 |
Touker Suleyman (born Türker Süleyman; 4 August 1953) is a multi-millionaire Turkish Cypriot British business magnate fashion retail entrepreneur and investor. In 2001, his company Low Profile Group purchased UK shirt maker Hawes & Curtis, and in 2008 he purchased UK fashion label Ghost. More recently, he has invested in a number of start-up companies including Bikesoup and Huxley & Cox.
In 2015, The Sunday Times listed Suleyman as 637th in its Rich List, estimating his fortune to be £150 million.
Suleyman was born in Famagusta on 4 August 1953, into a Turkish Cypriot family. After moving to England, he attended Peckham Manor secondary school.
In 1984, Suleyman acquired a small cash-and-carry business which subsequently became Low Profile Group, a clothing manufacturer supplying UK retail stores including Marks & Spencer. The company’s factories are based in Turkey, Bulgaria, and Georgia.
In 2001, Low Profile Group acquired Hawes & Curtis for £1. Turnover at Hawes & Curtis rose from £600,000 in 2001 to £30m in 2014.
As of 2014, Hawes & Curtis operates from 30 branches in the UK and one in Cologne, Germany. In 2013, UAE investment group Korath Holding signed a $5m deal to open 26 Hawes & Curtis stores across the Gulf over a period of five years.
In 2008, Suleyman purchased UK fashion label Ghost after its owner, KCAJ, an Icelandic investment fund, cut investment following the collapse of the Icelandic banking market. The acquisition safeguarded 142 jobs across the company. In 2009 the label announced its first collaboration with design duo Modernist.