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Ralph & Russo bought out of administration by Dressbarn owner

US investment firm Retail Ecommerce Ventures (REV) 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...

Jul 1, 2021