Founders Reacquire The Bradery Amid Phoebe Philo Growth

#Paris, #France
Founders Edouard Caraco and Timothée Linyer reacquired The Bradery for 19 million euros as Phoebe Philo's luxury label reports significant revenue growth.The Bradery regained its independence from Showroomprivé after three years within the group following a deal for a 52.75 percent stake.Meanwhile, Philo's London-based brand doubled its annual revenue to 11.2 million pounds and forecasts 32 million pounds for 2025 despite widening losses.
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