NEW YORK — Cultivating Theory into a global brand has been a goal for Andrew Rosen since he and Elie Tahari started the company in 1997, and the contemporary brand’s sale to two Japanese companies Tuesday is a major step toward achieving that goal.

Link International, Theory’s Japanese licensee, and Fast Retailing Co. Ltd. — the multibillion-dollar retailer and owner of the 590-unit Uniqlo brand in Japan and the U.K. — have each purchased a 44.5 percent stake in Theory. The remaining 11 percent is held by Rosen, while Tahari has sold his stake in the firm.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus