What Tessuti does

Tessuti is a UK-based, multi-brand fashion retailer founded in 1985 and headquartered in Bury. The company operates as part of The Flannels Group Ltd within the Frasers Group corporate structure, serving individual consumers (men, women, children) across luxury and accessible-luxury fashion, beauty, homeware, and sports categories. Its offering spans designer clothing, footwear, accessories, fragrance, skincare, makeup, and home furnishings from brands including Gucci, Prada, Burberry, Saint Laurent, Moncler, Balenciaga, Miu Miu, Skims, and Ralph Lauren Home, with thousands of new lines added on a rolling basis.

The business runs an omnichannel model combining a primary e-commerce storefront with a UK physical retail footprint, complemented by personal shopping services, in-store experiential events, and a Style News editorial content channel. The revenue model is direct-to-consumer one-time retail sales at manufacturer suggested retail price, supported by a clearance channel offering up to 70% off, and a Frasers Plus buy-now-pay-later credit product (Representative APR 29.9% Variable) issued by Frasers Group Financial Services Limited. The go-to-market emphasizes exclusive brand collaborations and limited-edition drops (e.g., Burberry x Hunza G, adidas SPZL, Represent x Belstaff) to drive traffic and brand engagement.

Tessuti's customer base is horizontally segmented by persona (men's, women's, kids') and use case (beauty, homeware, sports), with luxury and accessible-luxury positioning aimed at fashion-forward UK consumers. The underlying technology is a standard e-commerce platform with payment processing handled through Transact Payments Limited as a regulated electronic money institution. The strategic posture is one of portfolio broadening within UK retail rather than geographic or technological disruption, with growth delivered through new designer onboarding, category extension, and Frasers Group ecosystem integration.

Name

Tessuti

Legal name

The Flannels Group Ltd

Website

https://tessuti.co.uk

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

251–500 employees

Short description

Tessuti is a UK-based multi-brand fashion retailer founded in 1985 and headquartered in Bury, operating as part of The Flannels Group within Frasers Group. It serves individual consumers across men's, women's, and children's luxury and accessible-luxury fashion, beauty, homeware, and sports via e-commerce and physical stores.

Ownership category

akta.pro rank

Product category

Luxury Fashion Retail

NAICS

Clothing, Clothing Accessories, Shoe, and Jewelry Retailers (458), Cosmetics, Beauty Supplies, and Perfume Retailers (456120)

SIC

Retail-Apparel & Accessory Stores (5600), Retail-Women's Clothing Stores (5621)

akta.pro primary industry

Fashion & Accessories Marketplaces (CRAFABAA)

Keywords

• Luxury fashion retail
• Designer clothing
• Premium footwear
• Beauty products
• Homeware retail

Headquarters

HQ city

Bury

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Retail Product Sales: Direct retail sales of luxury designer fashion, footwear, accessories, beauty products, and homeware through e-commerce platform and physical stores. Revenue generated from product transactions with customers paying full price or sale prices.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Tessuti is a luxury fashion retailer that operates an omnichannel platform selling premium designer clothing, footwear, accessories, beauty products, and homeware to men and women. The company curates 1,000s of luxury brands including Gucci, Prada, Burberry, Saint Laurent, and Balenciaga, supported by an e-commerce storefront, UK physical stores, personal shopping services, and a buy-now-pay-later payment option.

Product overview

Flannels is a luxury designer fashion e-commerce retailer offering a multi-category platform for men's, women's, and children's designer fashion alongside beauty, homeware, and sports categories. The core offering consists of an e-commerce platform hosting over 1,000 luxury designer brands including Gucci, Prada, Burberry, Saint Laurent, Balenciaga, and others. Additional services include Frasers Plus buy-now-pay-later payment options, personal shopping services, and in-store events. The product portfolio spans clothing, footwear, accessories, beauty products, and home furnishings across multiple price points from accessible luxury to high-end couture.

Differentiator

Problem solved

Functional benefit

Products and services

• Men's Luxury Fashion Luxury designer fashion for men including clothing (t-shirts, hoodies, jackets, jeans, knitwear, suits), footwear (trainers, boots, loafers, dress shoes), bags, and accessories (watches, sunglasses, jewellery) from brands such as Burberry, Gucci, Stone Island, and Moncler.
• Women's Luxury Fashion Luxury designer fashion for women including clothing (dresses, tops, jackets, jeans, skirts, lingerie), footwear (heels, flats, boots, sandals), bags, and accessories (jewellery, watches, sunglasses).
• Kids Designer Fashion Designer fashion for boys, girls, and babies including clothing, shoes, and accessories across age groups from newborn to age 16, featuring brands such as Burberry, Gucci, Fendi, and Canada Goose.
• Beauty & Cosmetics
• Homeware
• Frasers Plus Buy Now Pay Later
• Personal Shopping Service

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered minor and core.

• Barrys BootcampminorStrategic or Co-development PartnerFitness brand partnership hosting bootcamp classes at Flannels stores. Combines retail with experiential fitness events to drive customer engagement and foot traffic.
• Transact Payments LimitedcoreTechnology or IntegrationPayment processing partner for regulated payment services. Company is authorized and regulated by Gibraltar Financial Services Commission as an electronic money institution.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Matchesfashion: Multi-brand luxury fashion e-commerce retailer offering designer apparel, accessories, and beauty. Highly comparable business model and customer demographic, though recent ownership changes have affected its trajectory.
• Farfetch: Global luxury fashion marketplace connecting consumers with boutique and brand inventory. Comparable business model and brand reach, though broader geographic and boutique-driven model.
• Mytheresa: Operates a curated luxury fashion e-commerce platform with comparable designer assortment across women's, men's, and kids' categories. Directly competitive with Flannels' model and customer demographic.
• Mr Porter: Global luxury menswear e-commerce retailer under the Net-a-Porter Group. Comparable in men's designer curation and luxury customer base, and an indirect competitor in men's fashion.
• Net-a-Porter: Premier global luxury fashion e-commerce retailer offering multi-brand designer apparel, accessories, and beauty. Closely comparable in assortment, customer base, and brand portfolio overlap with Flannels.
• END. UK-based luxury and contemporary fashion e-commerce retailer with strong designer portfolio. Comparable in scale, omnichannel approach, and designer-brand focus on men and women's fashion.

Broad incumbents

• Selfridges: Iconic UK luxury department store with both physical flagship and strong e-commerce presence. Overlapping customer base and brand portfolio, with a broader heritage department-store positioning.
• Harrods: UK luxury department store and online retailer carrying premium designer fashion, beauty, and homeware. Comparable brand breadth and UK luxury customer base, with a stronger heritage positioning.
• Harvey Nichols: UK-based luxury department store and online retailer with comparable designer fashion, beauty, and homeware assortment. Direct competitor in the UK premium multi-brand segment.

Regional players

• Nordstrom: US-based multi-brand luxury and premium department store with a strong e-commerce platform. Comparable in multi-category luxury model and brand portfolio, but operates primarily in North America rather than the UK.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tessuti