THE CARLYLE GROUP PARTNERS WITH END CLOTHING

UK-based online luxury retailer END Clothing has agreed to divest a majority stake to global investment firm Carlyle Group, valuing the company at more than USD 1 billion. Venture capital firm Index Ventures, which currently holds a minority stake in END, will fully exit from the company after the acquisition, while END founders and CEOs Christiaan Ashworth and John Parker will become minority stakeholders.

business, fashionNicki Lange24 March 2021streetwear, sneaker, end clothing, the carlyle group, investmentComment