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Business

a.k.a. Brands Q3 sales drop, but losses narrow

US fashion group a.k.a. Brands has reported a drop in sales in the first quarter of the year, but managed to reduce its losses. In the three months to September 30, net sales fell 3.7 percent to 155.8 million dollars, and was flat on a constant currency basis. The San Francisco-based company said sales were impacted by a decrease in the average...

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BusinessFeatured

a.k.a. Brands acquires LA-based men’s streetwear brand Mnml

Direct-to-consumer fashion platform a.k.a. Brands has snapped up all the equity interests of US men’s streetwear brand Mnml for 48.6 million dollars. The LA-based brand will be sold in the US and Australia through its own website, as well as Culture Kings, an Australian streetwear retailer bought by a.k.a. Brands for an undisclosed sum back in...

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