×
1 265
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots Covent Garden, London - 20 Hours - Permanent
Permanent · London
SHISEIDO
National Account Manager
Permanent · London
TIMBERLAND
Credit Controller - French Speaking - Timberland
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
BRAND STABLE LTD
Wholesale Sales Executive
Permanent · LONDON
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 16 Hours - Part Time, Permanent
Permanent · High Wycombe
ESTÉE LAUDER
Clinique - Consultant - Moores, Coleraine - 12 Hours - Part Time, Permanent
Permanent · Coleraine
ESTÉE LAUDER
Clinique - Consultant - Boots, Barnstaple - 7.5 Hours - Part-Time, Permanent
Permanent · Barnstaple
Advertisements
Published
Jul 29, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Navabi bought by City Chic Collective for €6m, founders bow out

Published
Jul 29, 2021

City Chic Collective has continued its acquisition spree, buying Germany-based Navabi, the plus-size label that’s sold in its domestic market as well as in the UK and France.


Navabi



The purchase by the stock exchange-listed Australian company comes eight months after it bought the British Evans plus-size brand, the first label that was sold as part of the Arcadia administration process.

Twelve-year-old marketplace retailer Navabi generated revenues of €10.4 million last year and City Chic paid €6 million (A$9.6 million) to buy the label from founders Zahir Dehnadi and Bahman Nedaei who will no longer be involved in its development.

The aim is to widen the European footprint of the online marketplace that sells third-party labels but also operates its own brands. 

Like Evans, which struggled in the face of the pandemic, Navabi has also endured some tough times lately. Despite being online, the pandemic year saw lower customer traffic and its 10 million customers in 2019 dropped to 5.8 million in 2020. That perhaps explains the relatively low purchase price.

But City Chic clearly sees some promise from its first foray into mainland Europe (as it did with Evans in Britain). Its CEO Phil Ryan said the buy “is an exciting strategic opportunity, giving us a great foothold in the €40bn European plus-size market, which is the next key geography in driving towards our vision to lead a world of curves”.

Copyright © 2021 FashionNetwork.com All rights reserved.