Alceon Group invests in Ginger & Smart

Founded in 2002 by Sydney sisters Alexandra and Genevieve Smart, Australian fashion label Ginger & Smart, has announced it has sold a majority stake in the business to Alceon Retail Group (ARG), with plans to expand both locally and overseas.

Known for bright prints, bold patterns and cocktail dresses, this sister act has come a long way from its start in a lounge room 17 years ago. With 27 Australian stockists, the label is also featured on online retail platform The Iconic.

Alexandra and Genevieve Smart and Richard Facioni (executive director, Alceon)

Read more: https://www.broadsheet.com.au/national/fashion/article/ginger-smart-founders-sell-majority-stake-label-alceon-retail-group

Still want more?

AFR: https://www.afr.com/business/retail/clothing-and-accessories/ginger-and-smart-sells-control-to-noni-b-shareholder-20190603-p51tui

Ragtrader: https://www.ragtrader.com.au/news/ginger-and-smart-has-been-acquired

Smart Company: https://www.smartcompany.com.au/industries/retail/ginger-smart-alceon/

Inside Retail: https://www.insideretail.com.au/news/alceon-acquires-majority-stake-in-ethical-fashion-brand-201906

Fashion Network: https://ww.fashionnetwork.com/news/Australia-s-Ginger-Smart-sells-majority-stake-eyes-U-S-market,1107524.html#.XT-JpC1L0Wo

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