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News: An Investor for Rachel Roy

Posted by Michele Obi on Tuesday, 13 November 20072 Comments

rachel_roy_investment.jpg
Expect big things from Rachel Roy in the near future. Global expansion definitely. A second line, accessories, childrenswear or even fragrances, possibly. According to WWD, TSM Capital saw the potential in Roy’s creative talents and put their money where their mouth is. As of yesterday, TSM - who already have a 22% share of Matthew Williamson - acquired an “undisclosed” stake in Roy’s label, making Roy a second addition to their designer portfolio. Well we’ve been following the success of Rachel Roy for a while now and are extremely pleased!

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Michele Obi is the publisher and founder of My Fashion Life. In between editing, freelancing and spending most of her time on the internet, she also finds time to shop (too much) and obsess over shoes. She loves sushi and counts Matthew Williamson, John Galliano, Valentino and Hussein Chalayan as her favourite designers. Her biggest regret - never seeing Prince in concert!
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2 Comments »

  • henri said:
    I love that first dress!! The colors are done so well.

    henrihouse.blogspot.com

  • Apollo! said:
    Oh, man! I love Rachel Roy. Congrats to her. =]

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