• Ralph & Russo bought out of administration by Dressbarn owner

    24 days ago - By Fashion United

    Image: Ralph & Russo
    US investment firm Retail Ecommerce Ventures has reportedly bought British couture brand Ralph & Russo out of administration. REV, which is a vehicle set up by entrepreneurs Tai Lopez and Alex Mehr, agreed to buy Ralph & Russo late on Wednesday, around three months after it fell into administration, Sky News reports. 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...
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