01 February, 2023 - 02 February, 2023
New York, United States
07 March, 2023 - 09 March, 2023
Novo Hamburgo/RS - Brasil
13 March, 2023 - 15 March, 2023
22 April, 2023 - 26 April, 2023
North Carolina, USA
17 June, 2023 - 20 June, 2023
Riva del Garda , Italy
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.”