Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.
Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Global Fashion Group has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business and five years of co-leadership.
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