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538:(ICD) to exploit the new opportunity, Caring moved his family permanently to Hong Kong in 1979. Due to its international trading nature, the company's structure and holdings are complex, held through a series of offshore companies and trusts, making it hard to detect Caring’s full earnings from the fashion world. The manoeuvre worked, and Caring cornered the market in
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At that time, Caring's strategy was built around three brands: Annabel's, including the Birley clubs (Mark's, Harry's Bar, George and Bath & Racquets); Soho House; and
Caprice, the restaurant link between the two club chains. The brands opened in several countries including: Le Caprice New York;
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I spotted an international gap in the market. In the restaurant business, there are single brands, but not a group of brands – which is what we do. There is only one Ivy, one
Annabel's – there is nothing like them. A group of top-notch brands like them – that is what we're trying to achieve. There
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In 2016, Caring and Stead divorced in a high-profile case, which was described as "Britain's biggest divorce". He left his wife to move into a £32 million home in St John's Wood with 35-year-old
Brazilian Patricia Mondinni, with whom he had a son. In March 2018, Caring married Mondinni. The couple
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My parents thought it important I got practical work experience – they weren't bothered about university. I understand the thought process, "Let's throw him into work." But looking back, I would very much have liked to go to university. You get a much broader
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My two sons nearly drowned with me. After you've experienced something like that, you examine things for a couple of hours and think, "I must smell the roses." Did I see the light? No. But it does change the way you think, the way you look at the
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Following BHS's collapse into administration in 2016, leaving a pension fund deficit of £571m, it was reported that Caring had refused to reveal how much profit he had made from selling his shares in the company, and also refused to attend a
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Caring began to reshape the group, which created much media coverage for someone who previously preferred to stay out of the limelight. In 2005 he added fish restaurant Scott’s and catering firm Urban
Productions, but sold Pasha to
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and dive nearby. Anchored on the north side of the atoll, they dived to 100 feet (30 m) for 45 minutes. On their return to the surface, Caring received calls from friends around the world asking: "Are you all right?"
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restaurant in summer 2005; during discussions it emerged that the management of
Caprice Holdings group was looking for a buyer. Six weeks later, Caring secured a £31.5m deal to take over Caprice Holdings, owner of
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and resident in one hotel, Caring educated local manufacturers through producing the same garment over and over again to get the quality right. As a result, he became one of the first western
378:-manufactured fashion to UK retailers. In 2004 he diversified his business interest into property, restaurants and nightclubs. He is the chairman of Caprice Holdings, which owns and operates
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He was also recorded as donating just over £50,000 to the party in 2010. In 2012 he was recorded as donating £170,000. This was followed by a £290,000 donation in the third quarter of 2015.
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for his apparent supermarket-sweep approach to buying companies. Other critics say he is brandishing a credit card, playing a high-stakes game of
Monopoly, buying every square he lands on.
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I speak to him every day. We're more than friends – I think we'd do anything for each other. We're like brothers. We've grown up together and experienced lots of good times and tough times.
655:; they paid £130m, £50m more than the club’s book value at the time: He sold Wentworth in 2014 for £135m to Reignwood Investments, a Chinese holding company associated with billionaire
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822:. He's spending a lot more on these businesses than they’re probably worth, but eventually he'll have a portfolio that, as a brand, is worth far more than the sum of its parts.
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613:. In 2004–05, ICD saw sales drop to £74.2m from £85.5m, making a pre-tax loss of £523,644 from a £3.99m profit the year before after an exceptional loss on the sale of
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After deciding to stay in London after the war, the couple married. Louis
Caringi anglicized his surname to Caring, and set up in the clothing industry in offices off
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Caring has donated to the
Conservative Party on several occasions, mainly in the form of auction prizes. This includes the hire of Annabel’s in 2008 for the
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restaurant Bam-Bou and
Moroccan restaurant Pasha. The Ivy was later developed into restaurant chain The Ivy Collection. Caprice Holdings also owns
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in
November 2020. This was not the normal retailer and supplier set-up but described as more of a partnership, with Caring presenting Green with a
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development company as an office boy, before joining Louis Caring Originals, his father's dress manufacturing business that employed seven people:
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Protected by the atoll, the divers had "felt a blip, but it could have been a big boat." Divers on the southside of the atoll in the path of the
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At that time, the family was in financial difficulties, which threatened losing their home. Caring and his then girlfriend made a range of
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Caring was one of the founders of Cote restaurant in 2007; he sold his 51% share in the chain in 2013, when the business was sold to
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593:(BHS), owning 22.5% of the retailer and earning £100m in dividends, before disposing of his shares in 2006. Caring supplied
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via a joint venture company NV, but sold his share in the 1990s back to the retailer. He built a joint venture to supply
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border. Purchased in 2005, the Pixton building has an interior designed by Tara Bernerd, daughter of property developer
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542:. ICD at its height supplied 70% of the clothing sold by British high street retailers, supplying Marks & Spencer,
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2148:"'Britain's biggest divorce': The Ivy owner Richard Caring 'faces £350m bill after separating from his wife'"
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The speed with which Caring built his restaurant chain resulted in many questioning his reasoning, on both a
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In 2006 he bought Rivington, a two-restaurant group independently set up by Caprice Holding’s chef director
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734:, Harry's Bar, Mark's Club) for £95m including the vast art collection, concluded just a few months before
2248:"Michelle Young claims Sir Philip Green and Simon Cowell are helping estranged husband hide £2bn fortune"
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We saved the house in the end. Maybe that's why I'm driven, because I saw it all happen at a young age.
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sent his private jet to pick the family up, and Caring donated £1 million to the tsunami relief fund:
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Caring was born on 4 June 1948, the middle child of three born to Louis Caringi, an Italian-American
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In 2009, ICD employed 250 people and was a smaller operation in the UK than it had previously been.
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After the 2004 Indian Ocean tsunami, Caring donated £1m to the relief effort. He supports the
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relationships, and returned to the UK to sell the new high quality but cheaper garments to UK
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After buying Wentworth Golf Club, Caring wanted to improve the catering there and approached
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1618:"So, who wants to buy Camden Market? World famous sites on our doorstep 'up for sale'"
1224:"Richard Allan CARING – Personal Appointments (free information from Companies House)"
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major. They have two sons, who were raised in Hong Kong: Jamie, a vice-president of
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or has been extensively edited by the subject or by someone connected to the subject
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in 2004, in partnership with then minority shareholder, airport hotel entrepreneur
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For less than a year, Caring worked for Green. In 2001, Caring invested in Green's
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It was through ICD and its trading that he met and developed his relationship with
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2063:"Clinton foundation received up to $ 81m from clients of controversial HSBC bank"
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It may require cleanup to comply with Knowledge's content policies, particularly
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Caring's first UK property deal was the £45m purchase of a 20.6% stake in the
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2173:"All hail the Later In Life Dads! Boris Johnson joins the club (again) at 59"
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Leigh, David; Ball, James; Garside, Juliette; Pegg, David (9 February 2015).
2004:
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370:(born 4 June 1948) is a British businessman. He initially built a business,
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In 2005, he organised a charity costume "Napoleonic Ball" for the NSPCC in
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1823:"We got a sneak peek at Mayfair's swanky new seafood restaurant Sexy Fish"
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and his son Michael Parnes, CEO of stock brokerage Old Park Lane Capital.
2030:"HSBC files reveal mystery of Richard Caring and the £2m cash withdrawal"
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2307:"Ex-BHS shareholder says £850,000 owed to him after retailer's collapse"
1350:"Richard Caring interview: 'I have tears in my eyes watching Peppa Pig'"
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as well as the high purchase prices paid. He has been dubbed by some as
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1544:"Number of Arcadia Outfit stores to close, with hundreds of jobs lost"
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1763:"Richard Caring "considering selling a stake in The Ivy Collection""
1704:. London, UK: Media Guardian 100, 2009. 13 July 2009. Archived from
1662:"The rich vs the very, very rich: the Wentworth golf club rebellion"
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Caring married his first wife, Jacqueline Stead, in 1971. She is an
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catalogues, again now sold to the partner. He also co-developed the
2118:"Restaurants tycoon Caring faces huge payout after split from wife"
1883:"Richard Caring nets millions as he sells stake in Cote restaurant"
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617:'s designer label. In 2007, Caring looked at buying the distressed
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In December 2014, Michelle Young accused Philip Green, Caring and
903:. Caring spent £8m flying in 450 guests by private jet, including
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National Society for the Prevention of Cruelty to Children people
2281:"BHS former shareholder refuses to reveal profit from stake sale"
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His friends include Sir Philip Green and Scottish philanthropist
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1643:"Wentworth golf club sold to Beijing-based Reignwood for £135m"
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Cecconi's Miami; Soho House, via £130m credit line supplied by
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is a grand plan and it starts with building strength in London.
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on his way to hospital, and cared for him during his recovery.
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in 2021, Caring's net worth is estimated to be £1.005 billion.
1993:"Tycoon owner of The Ivy and Annabel's hands Tories £290,000"
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1909:"Carluccio's rescue deal results in over 1,000 job losses"
843:. Caring was not later implicated or named as part of the
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were later found washed-up 100 miles (160 km) away.
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Caring purchased the former US Navy building in London's
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that cost £2 to make, selling them for 69s 6d (£3.475 in
1789:"Record turnover for Caprice Holdings, owner of The Ivy"
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investigation. The loan monies have since been repaid.
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and J Sheekey, as well as Italian restaurant Daphne's,
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complex in 2004, that he purchased from Bebo Kobo and
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A major contributor to this article appears to have a
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861:, which was as an auction prize that raised £70,000.
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1569:"Richard Caring received £93m in dividends from BHS"
2225:"City diary: Parnes rooting around the family tree"
759:, taking 80% for £105m, with the remainder held by
605:brand, which after buying out partners he sold to
2199:"Tom Hunter: Meet Britain's most generous tycoon"
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818:He's setting up the restaurant equivalent of
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793:In 2009 Caring insisted he had a masterplan:
211:that contextualizes different points of view.
197:to certain ideas, incidents, or controversies
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1729:"Ivy Collection climbs while peers hit wall"
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1595:"Rags to riches: Richard Caring eyes Prada"
1493:. London, UK. 27 April 2009. Archived from
1399:"Richard Caring: from the Ivy to Annabel's"
1148:"How Richard Caring piles up trophy assets"
989:. His family relations include stockbroker
55:Learn how and when to remove these messages
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936:-born model and the daughter of a retired
958:It has a 55-foot (17 m) ballroom, a
453:at county level, and being accepted into
245:Learn how and when to remove this message
227:Learn how and when to remove this message
166:Learn how and when to remove this message
107:Learn how and when to remove this message
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1849:"Ivy owner sells Strada chain for £140m"
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951:, north London, in a house known as the
478:Caring left school aged 16 and joined a
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1940:"The man who controls your social life"
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2089:"MTV Europe Names Talent And Music VP"
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763:who remained CEO, also his partner in
670:Restaurants and private members' clubs
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1660:Subramanian, Samanth (2 March 2021).
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1821:Ehrlich, Richard (16 October 2015).
1761:Prynn, Jonathan (21 December 2023).
1348:Hodge, Gavanndra (7 December 2019).
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1117:. thisislondon.co.uk. Archived from
841:2005 United Kingdom general election
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2399:21st-century British businesspeople
2394:20th-century British businesspeople
2246:Gammell, Caroline (11 April 2011).
1906:
1881:Armitage, Jim (12 September 2013).
1115:"Richard Carings Restaurant Empire"
771:; the restaurant chain was sold to
557:. ICD was the dominant supplier to
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2359:English people of American descent
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2018:
1991:Doward, Jamie (21 November 2015).
1938:Long, Camilla (11 November 2007).
1847:Barriaux, Marianne (1 June 2007).
1597:. thefirstpost.co.uk. 10 July 2007
1542:Bourke, Joanna (19 January 2021).
1454:. squaremeal.co.uk. Archived from
1319:"The MT Interview: Richard Caring"
515:. Spending a year living out of a
14:
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2379:English businesspeople in fashion
2364:English people of Italian descent
2146:Finnigan, Lexi (6 October 2016).
1199:"The Sunday Times Rich List 2021"
1133:
1011:period, Caring and his sons were
426:; Louis Caring Originals sourced
36:This article has multiple issues.
2161:– via www.telegraph.co.uk.
1787:Hurley, James (3 January 2019).
1727:Walsh, Dominic (29 April 2019).
1487:"Rich List 2009, Richard Caring"
1317:Chris Blackhurst (1 June 2009).
1174:"Our History | Caprice Holdings"
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87:. Please discuss further on the
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1253:"How Jewish is Richard Caring?"
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1376:"The Brits that Changed China"
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715:for £57m, owner of mid-market
695:, which was launched in 2015.
536:International Clothing Designs
465:-a-week sporting scholarship.
372:International Clothing Designs
1:
1113:Lydia Slater (12 June 2009).
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899:, featuring a performance by
876:at its Fresh Start centre in
507:In 1971 Caring first visited
403:, stationed in London during
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2374:People educated at Millfield
1616:Carrier, Dan (9 June 2022).
1397:Lewis, Jane (16 July 2007).
1226:. Beta.companieshouse.gov.uk
1069:in person to give evidence.
1003:2004 Indian Ocean earthquake
997:2004 Indian Ocean earthquake
880:, to combat child abuse and
523:buyers to develop localised
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1972:. London, UK. 27 April 2009
982:also have three daughters.
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2205:. London, UK. 17 July 2006
1178:www.caprice-holdings.co.uk
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767:. He was a shareholder in
573:. Arcadia Group went into
1907:Key, Alys (22 May 2020).
835:, Caring lent £2m to the
752:of 28 small investors in
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441:, London. His prowess at
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2414:Labour Party (UK) people
2384:English company founders
1702:"No.78 – Richard Caring"
430:for retailers including
1255:. thejc.com. 1 May 2008
1067:parliamentary committee
407:, and Sylvia Parnes, a
382:chain of restaurants.
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388:Sunday Times Rich List
2404:British restaurateurs
2354:People from Hampstead
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754:private members' club
709:Signature Restaurants
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424:Great Portland Street
205:by rewriting it in a
144:neutral point of view
85:neutral point of view
2349:People from Finchley
1649:. 12 September 2014.
947:The family lived in
855:Black and White Ball
852:Conservative Party's
748:In 2008 he agreed a
368:Richard Allan Caring
325: 1971;
271:Richard Allan Caring
2409:Restaurant founders
942:MTV Networks Europe
743:private equity firm
649:Wentworth Golf Club
591:British Home Stores
579:Ferrari F430 Spider
432:Marks & Spencer
415:who met him in the
16:British businessman
2069:. 10 February 2015
1622:Camden New Journal
1523:. 30 November 2020
1203:www.thetimes.co.uk
1121:on 5 February 2011
970:, on the Somerset/
922:Clinton Foundation
810:Restaurant critic
707:. He also bought
437:Caring grew up in
1373:China Influence.
1007:In 2004 over the
745:CBPE for £100m.
385:According to the
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337:Patricia Mondinni
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2124:. 6 October 2016
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1452:"Richard Caring"
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1405:. Archived from
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893:Catherine Palace
845:Cash for Honours
750:leveraged buyout
664:Grosvenor Square
555:Sir Philip Green
459:Street, Somerset
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1573:The Independent
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859:Battersea Park
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773:Landmark Group
671:
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653:Surinder Arora
647:Caring bought
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497:decimalisation
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2315:. Retrieved
2311:the Guardian
2310:
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2289:. Retrieved
2285:the Guardian
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2263:. Retrieved
2251:
2241:
2229:. Retrieved
2219:
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2202:
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2157:24 September
2155:. Retrieved
2151:
2126:. Retrieved
2121:
2097:. Retrieved
2092:
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2071:. Retrieved
2067:the Guardian
2066:
2057:
2045:. Retrieved
2034:The Guardian
2033:
2008:. Retrieved
1997:The Observer
1996:
1986:
1974:. Retrieved
1969:
1960:
1948:. Retrieved
1946:. London, UK
1943:
1916:. Retrieved
1912:
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1864:. Retrieved
1853:The Guardian
1852:
1842:
1830:. Retrieved
1826:
1816:
1804:. Retrieved
1792:
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1770:. Retrieved
1766:
1756:
1744:. Retrieved
1732:
1722:
1710:. Retrieved
1706:the original
1669:. Retrieved
1665:
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1647:The Guardian
1646:
1637:
1625:. Retrieved
1621:
1611:
1599:. Retrieved
1589:
1577:. Retrieved
1572:
1563:
1551:. Retrieved
1547:
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1525:. Retrieved
1520:
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1499:. Retrieved
1495:the original
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1456:the original
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1407:the original
1402:
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1357:. Retrieved
1353:
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1331:. Retrieved
1327:the original
1322:
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1218:
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1202:
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1177:
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1156:. Retrieved
1151:
1123:. Retrieved
1119:the original
1063:
1055:Simon Cowell
1052:
1042:
1037:Philip Green
1030:
1013:scuba diving
1006:
984:
980:
952:
946:
938:British Army
931:
917:The Guardian
915:
912:Bill Clinton
909:US president
886:
871:
868:Philanthropy
863:
854:
849:
839:to fund the
837:Labour Party
831:A friend of
830:
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713:Luke Johnson
697:
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611:Otto Versand
602:
588:
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540:fast fashion
533:
521:high fashion
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405:World War II
398:
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367:
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195:undue weight
192:
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156:January 2016
153:
133:
103:
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75:
52:
45:
39:
38:Please help
35:
18:
2339:1948 births
2231:25 December
2209:28 December
2183:25 February
1976:28 December
1950:28 December
1913:inews.co.uk
1712:28 December
1601:28 December
1501:28 December
1462:28 December
1413:5 September
1359:5 September
1333:28 December
1259:28 December
1230:25 December
1208:17 November
1158:5 September
1125:28 December
1049:Controversy
964:Pixton Park
907:and former
882:paedophilia
788:of Mayfair"
769:Carluccio's
736:Mark Birley
705:Tony Kitous
493:mini-skirts
411:-immigrant
299:Businessman
281:4 June 1948
2333:Categories
2317:27 January
2291:27 January
2099:30 January
2073:27 January
1579:27 January
1553:27 January
1527:27 January
1152:www.ft.com
1073:References
1059:Scot Young
1021:Boxing Day
956:of London.
954:Versailles
905:Bob Geldof
786:Lex Luthor
761:Nick Jones
757:Soho House
738:'s death.
689:Vietnamese
685:Le Caprice
676:Le Caprice
642:Teddy Sagi
544:Mothercare
513:underpants
457:School in
395:Early life
296:Occupation
277:1948-06-04
217:April 2019
41:improve it
2260:0307-1235
2252:Telegraph
2093:Billboard
2042:0261-3077
2005:0029-7712
1970:The Times
1944:The Times
1861:0261-3077
1832:4 January
1801:0140-0460
1793:The Times
1772:4 January
1741:0140-0460
1733:The Times
1627:4 January
1491:The Times
1403:MoneyWeek
1354:The Times
1009:Christmas
968:Dulverton
949:Hampstead
934:Aldershot
833:Lord Levy
775:in 2010.
765:Cecconi’s
732:Annabel's
693:Sexy Fish
666:in 2009.
529:retailers
509:Hong Kong
455:Millfield
451:Middlesex
417:ambulance
376:Hong Kong
148:talk page
89:talk page
47:talk page
2128:17 April
2010:17 April
1806:17 April
1666:Guardian
1521:BBC News
1017:Maldives
827:Politics
728:Mark Hix
723:chains.
701:Algerian
628:Property
603:Together
599:Freemans
595:Next plc
534:Forming
517:suitcase
487:mindset.
474:Clothing
463:shilling
461:on a 10-
439:Finchley
428:knitwear
358:Children
288:Finchley
1866:12 June
1746:12 June
1671:5 March
1033:tsunami
1015:in the
812:AA Gill
681:The Ivy
657:Yan Bin
638:OD Kobo
621:brand.
571:Top Man
567:Topshop
525:Chinese
447:scratch
380:The Ivy
349:
341:
331:
319:
315:
304:Spouses
201:Please
2258:
2177:Tatler
2040:
2003:
1918:16 May
1892:16 May
1859:
1799:
1739:
1183:9 July
1044:world.
960:cinema
897:Russia
878:Camden
717:Strada
607:German
469:Career
409:Jewish
134:is an
2265:3 May
2047:3 May
1025:atoll
1019:. On
972:Devon
874:NSPCC
784:"the
721:Belgo
711:from
619:Prada
413:nurse
343:(
339:
321:(
317:
193:lend
2319:2023
2293:2023
2267:2019
2256:ISSN
2233:2016
2211:2009
2185:2024
2159:2018
2130:2019
2101:2024
2075:2023
2049:2019
2038:ISSN
2012:2019
2001:ISSN
1978:2009
1952:2009
1920:2023
1894:2023
1868:2019
1857:ISSN
1834:2024
1808:2019
1797:ISSN
1774:2024
1748:2019
1737:ISSN
1714:2009
1673:2021
1629:2024
1603:2009
1581:2023
1555:2023
1529:2023
1503:2009
1464:2009
1415:2022
1361:2022
1335:2009
1261:2009
1232:2016
1210:2021
1185:2019
1160:2022
1127:2009
820:LVMH
805:HBoS
719:and
569:and
548:Next
546:and
443:golf
327:div.
267:Born
891:'s
884:.
857:in
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