ralph russo bought out of administration by dressbarn owner

Ralph & Russo bought out of administration by Dressbarn owner

Sumary of Ralph & Russo bought out of administration by Dressbarn owner:

  • US investment firm Retail Ecommerce Ventures (REV) has reportedly bought British couture brand Ralph &
  • REV, which is a vehicle set up by entrepreneurs Tai Lopez and Alex Mehr, agreed to buy Ralph &
  • An announcement about the sale could reportedly come as soon as Thursday, insiders said.
  • Neither co-founders Tamara Ralph or Michael Russo are expected to play an active ongoing role in the business under its new ownership.
  • REV already owns fashion retailers Dressbarn and Stein Mart as well as homeware retailer Pier 1.

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