It launched as an accessories company before expanding into tailoring and ready-to-wear, becoming, as one description put it, the label that "dominated the wardrobes of many sensible and stylish women through the 80s and into the 90s." It was one of the first British names of its era to break into Japan, and showed at its first London Fashion Week in 1986.
After restructuring the business alone in 2000, Lloyd relaunched the brand with a focus on bags, now retailing from its Shoreditch shop on Calvert Avenue and online. Collaborations include ranges for Apple and the Tate galleries, plus Barbour and Norse Projects. Lloyd took back full ownership in 2023.