Taylor Wessing Advises on Management Buyout of BrandAlley UK Limited
International law firm Taylor Wessing has advised News International and BrandAlley S.A. on the UK management buyout of online retail company BrandAlley UK Limited, the leading UK fashion private sales site. The buyout was backed by private investors.
BrandAlley was launched in the UK as a joint venture between BrandAlley S.A. and News International. The company pioneered the designer flash sale model in the UK and this year launched Outlet, a permanent designer catalogue which now accounts for 12% of total sales.