The story
Founded by Clarence Hatry in 1925.1
Private company
Former department store group
Drapery Trust (initially called the Drapery & General Investment Trust Ltd) formed in 1925 by Clarence Hatry, a notorious British financier. He had made his fortune in speculating on oil stocks, and had convinced investors to promote department stores and bring them under the management of a retail conglomerate.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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Drapery Trust (initially called the Drapery & General Investment Trust Ltd) formed in 1925 by Clarence Hatry, a notorious British financier. He had made his fortune in speculating on oil stocks, and had convinced investors to promote department stores and bring them under the management of a retail conglomerate.2
Founded by Clarence Hatry in 1925.1
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