Last Updated on 19th October 2013
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 â€œundisclosed 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!