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Business

Andie acquires Richer Poorer to accelerate growth

US swimwear brand Andie has acquired Richer Poorer, a company specialising in comfortable clothing such as nautical-inspired t-shirts and jumpers, according to Business of Fashion (BoF). Although the financial terms were not disclosed, the transaction was carried out with Andie's own funds and marks its first acquisition since its founding eight...

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Management

Francesca’s acquires apparel brand Richer Poorer

American speciality retail group Francesca's Acquisition LLC has acquired LA-based apparel and lifestyle brand Richer Poorer for an undisclosed price to bolster its channel reach and expand product categories. In a statement, the retail group, which operates a nationwide chain of Francesca's and Franki by Francesca's boutiques offering fashion,...

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Fashion

Richer Poorer adds basics line to brand

Los Angeles - California-based apparel brand Richer Poorer launched over five years ago. This week, the brand added its first ever basics category by introducing a new line of women’s clothing. The privately held company has prided itself on making everyday products better by putting an unique perspective on affordable clothing. Due to the...

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