Is Ralph and Russo a luxury brand?

Ralph & Russo is an international luxury brand revered for producing designs that are contemporary, timelessly elegant and sought after worldwide. Duo Tamara Ralph and Michael Russo established the brand in London in 2010.

Is Ralph and Russo couture related?

Ralph & Russo is a high fashion house that specializes in haute couture and ready-to-wear clothes, luxury goods, and fashion accessories.

Who bought Ralph Russo?

Retail Ecommerce Ventures (REV)
British couture fashion brand Ralph & Russo has revealed that it has been bought out of administration by US-based investment firm Retail Ecommerce Ventures (REV). Set up by entrepreneurs Tai Lopez and Alex Mehr in 2019, REV already owns fashion retailers Dressbarn and Stein Mart, as well as homeware company Pier 1.

Is Ralph and Russo Australian?

Couture designer Ralph, originally from Sydney, and Russo, a former investment banker from Queensland, met on a London street in 2004.

How much is Ralph and Russo worth?

Tennor Holding, the owner of the La Perla lingerie brand and investment vehicle of financier Lars Windhorst, invested roughly £40m in return for a minority stake in Ralph & Russo in 2019. That transaction is said to have valued Ralph & Russo at approximately £175m.

Is Ralph and Russo still in business?

They are all currently fall under the ownership umbrella of Retail Ecommerce Ventures.

What has happened to Ralph and Russo?

Ralph & Russo collapsed in March with debts of nearly 28 million pounds after the London-based label was hit hard by the pandemic, which saw the mass cancellation of weddings and other formal events.

Who owns Ralph and Russo now?

Retail Ecommerce Ventures
Retail Ecommerce Ventures, a startup that aims to reconstitute distressed brick-and-mortar retailers into pure-play e-commerce entities, has now acquired luxury brand Ralph & Russo. The British brand joins the likes of Stein Mart, Modell’s, Pier 1, Dressbarn and RadioShack in REV’s roster.

How much did Ralph and Russo sell for?

British couture brand Ralph & Russo has sold a minority stake to Dutch investment company Tennor Holding BV for $50 million.