Designers Remix has recently made a major announcement regarding the ownership of the brand. Charlotte and Niels Eskildsen, the founders, have successfully repurchased IC Group’s 51% stake in the company, thus becoming the sole owners of Designers Remix. This development also includes Little Remix, the smallest of IC’s operating divisions, being under the Eskildsen’s ownership once again.
Niels Eskildsen, the CEO of Designers Remix, conveyed his enthusiasm for this new chapter in a statement, mentioning that the time was right for them to reclaim the brand. He highlighted the brand’s sustainable journey of the past 17 years and their unwavering dedication to restoring its original DNA to emerge as a sustainable leader. With complete control of the brand back in their hands, they are optimistic about achieving their ambitious sustainability objectives and unlocking the brand’s full potential.
Sharing the same sentiments, Designer Charlotte Eskildsen extended her gratitude to Lykke and Niels Martinsen, the previous owners of IC Group, for their continuous support. She expressed her eagerness to realize their sustainable vision together with the team. However, it was noted that Designers Remix experienced a decline in sales during the last quarter and the preceding year, leading to its classification as a discontinued activity in IC Group’s upcoming financial report set to be released in February.
As IC Group focuses on its transformation and the divestment of certain brands, such as the sale of Peak Performance earlier this year, the repurchase of Designers Remix by its founders is a significant milestone for the brand. The Eskildsens are gearing up to spearhead Designers Remix into a new era of sustainable fashion and innovation.
To learn more about Designers Remix and their sustainable fashion journey, visit their official website here. For updates on IC Group and their latest business developments, you can visit their corporate website here.
