02 August, 2021 - 06 August, 2021
New York City
23 August, 2021 - 25 August, 2021
Sao Paulo, Brazil
31 August, 2021 - 02 September, 2021
05 September, 2021 - 10 September, 2021
08 September, 2021 - 09 September, 2021
Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph & Russo, the UK-based luxury brand specialising in couture, ready-to-wear, leather goods, sunglasses and luxury goods.
REV was founded in 2019 and since then, has made a series of successful acquisitions including the Pier 1, Radio Shack, Dressbarn and Stein Mart brands.
Commenting on the sale, Paul Appleton of Begbies Traynor Group, who acted as a joint administrator with Andrew Andronikou of Quantuma Advisory, said: “The joint administrators are confident that this acquisition will bolster the success of the Ralph & Russo brand globally. “
Tai Lopez, Executive Chairman of Retail Ecommerce Ventures commented: “With REV’s investment, there is massive potential for the Ralph & Russo brand to retain and grow its market leading position at the forefront of luxury design.”