Retail Ecommerce Ventures Acquires Business and Assets of Ralph & Russo Limited
July 1, 2021
Retail Ecommerce Ventures (REV) has completed the acquisition of the business and assets of UK luxury fashion house Ralph & Russo Limited following a formal sales process run by joint administrators Begbies Traynor Group and Quantuma Advisory. REV — a U.S.-based buyer known for acquiring legacy retail brands and scaling them via e-commerce and digital marketing — intends to grow the Ralph & Russo brand globally across couture, ready-to-wear and accessories.
- Buyers
- Retail Ecommerce Ventures
- Targets
- Ralph & Russo Limited
- Sellers
- Ralph & Russo Limited (in administration), Begbies Traynor Group (Joint Administrator), Quantuma Advisory (Joint Administrator)
- Industry
- Retail
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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