This values the New York-founded business at approximately $500 million.
The label’s founder and chief creative officer, Mr. Thom Browne, is the sole remaining shareholder—with a 15% stake. And the Thom Browne brand will remain independently operated and Rodrigo Bazan is staying on as CEO.
What’s in it for menswear?
- A wider reach. Thom Browne New York will now have a bigger platform to propagate its fashion-forward designs.
- Streetwear may soon be over. We are looking at two brands—one known for classic styles and the other modern gentleman dressing—joining forces. This is a clear fashion redirection.
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