Revolve to acquire couture house Alexandre Vauthier
Revolve, the California-based online fashion retailer, is reportedly acquiring French haute couture brand Alexandre Vauthier. The 15 year-old company, which entered administration at the beginning of the year, has been looking for a buyer since February, said the Business of Fashion. Vauthier, which wholesales ready-to-wear and sells haute couture to private clients, struggled amid late payments from store accounts, a collapsed Russian market and general turmoil facing today’s independent luxury brands, BoF said.
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