Fast Retailing Buys 80% Stake in J Brand
J Brand, Fast Retailing, Apparel
Fast Retailing also owns several “affordable luxury” brands including Theory and Comptoir des Cotonniers.
“Fast Retailing is committed to continuing its expansion in the contemporary marketplace and believes that J Brand is a synergistic addition to our existing brands, and like those brands, we see them as a global multi-channel opportunity,” said Andrew Rosen, chief executive of Theory.
Fast Retailing is trying to expand internationally and the acquisition of J Brand gives the company major credibility in the U.S. And Fast Retailing will help J Brand's popularity continue to grow. Over the past few years, J Brand has become one of the fashion world's favorite denim brand and counts Kate Middleton, Angelina Jolie and Kristen Stewart as fans.