Revolve will contribute purchased assets to a newly formed entity and invest $9.67 million over three years.
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Fashion retailer Revolve Group has acquired a majority stake in French luxury brand Alexandre Vauthier.
As part of the transaction, Revolve will contribute purchased assets to a newly formed entity and invest 6 million euro ($9.67 million) over three years. Additional terms were not disclosed.
The group said the acquisition will further differentiate it in the premium and high-end fashion market.
The deal will see the integration of Revolve’s marketing strategies, data-driven merchandising techniques, and operational infrastructure with Alexandre Vauthier’s iconic brand identity and craftsmanship.
A fresh interpretation of Alexandre Vauthier’s creations will be available on Fwrd and AlexandreVauthier.com in the upcoming fall season, followed by a show during Paris Couture Week in January.
Alexandre Vauthier founded his namesake brand in 2009. The label is renowned for its couture designs and is carried by 150 retailers worldwide.
The post Revolve Group takes controlling stake in luxury label Alexandre Vauthier appeared first on Inside Retail Australia.
