The acquisition will enable PDS Radius Brands to accelerate its growth and reach within the areas of brand development across global markets, whilst also unlocking new additional growth opportunities across the PDS Group.

Global fashion supply chain infrastructure platform, PDS Limited, has announced a majority
acquisition of brand management and licensing business, The Radius Group, forming PDS Radius
Brands as a division of PDS Limited. The move demonstrates PDS's further commitment and growth
into brand development, expansion, and management following the recent announcement of PDS’s
formation of the Ted Baker Design Group (TDG) as a strategic partnership with Authentic Brands
Group (ABG). PDS Radius Brands, under the leadership of brand specialist and founder, Damian
Hopkins, promises a best-in-class end-to-end brand management and development infrastructure,
offering supply chain solutions, new market entry, licensing, and marketing to brands and retailers,
with strong environmental, social, and ethical values.

Based in London and utilising PDS Group global offices, PDS Radius Brands, will deliver global brand
management services for brands and retailers from design to delivery in the fashion and home
sectors. PDS Radius Brands as part of the PDS infrastructure will also offer global ethical sourcing
service with integrity and sustainability at its core, along with licensing and brand development
across all product categories of fashion and home. This new venture will further the PDS Group’s
goals of becoming a market-leading global fashion supply chain infrastructure platform, by
combining their joint expertise in creating, growing, and developing brands and to nurture profitable
partnerships.

Pallak Seth, Vice Chairman at PDS Limited, said: “PDS continues to strengthen its position in the
branded apparel market with the formation of PDS Radius Brands, alongside the highly accomplished
retail and fashion entrepreneur, Damian Hopkins. I have known Damian for many years and I am
delighted to now welcome him into the PDS group. His reputation and expertise for launching,
repositioning, and transforming brands combined with our global design and supply platform will
enable us to become a market leader. Damian has first-hand experience across manufacturing,
sourcing, retail, licensing and franchising worldwide and we are all excited to collaborate on this new
venture.”

Damian Hopkins, founder of PDS Radius Brands, said: “Building great brands, crafting amazing
partnerships and developing global businesses is the essence of what I have been doing for many
years; and by aligning with the PDS platform, to form PDS Radius Brands – I know we will unlock
even greater and more exciting opportunities. PDS is a unique business that caters to some of the
biggest brands and retailers all over the world, and this new venture will further enhance that
service and enable us to grow into new markets with new partners.”
Hopkins continues: “I have long been an admirer of Pallak, his incredible global team, and the work
that they do in our industry; I have seen first-hand how they have quietly been providing innovative
fashion solutions in the most ethical and trusted way, and I am delighted to now be joining the PDS

family. Together we will combine our expertise to build on our successes in creating, growing, and
developing brands to nurture profitable partnerships. We will also acquire brands where we can to
support the owners and founders to grow beyond their vision whilst paving the way for a more
sustainable and transparent fashion industry."

To find out more about PDS Radius Brands, visit www.pdsradiusbrands.com