Self-Portrait’s founder, Han Chong, has made a significant move in the fashion industry by acquiring Roland Mouret out of administration. This acquisition brings the renowned fashion label under the ownership of Chong’s newly-formed holding company, SP Collection. What sets this acquisition apart is that Roland Mouret himself will stay on as the founder and creative chair of the brand.
The decision to buy out Roland Mouret comes as the label grappled with the impact of the COVID-19 pandemic, which had a particularly devastating effect on the luxury market for special occasion wear. By teaming up with Self-Portrait, a successful player in the premium occasion dresses and separates market, Roland Mouret now has the opportunity to become part of a growing luxury womenswear group.
SP Collection, led by CEO Han Chong, is committed to promoting and developing exceptional creativity and design within its portfolio of brands. As a holding company, their mission is to provide the necessary resources and infrastructure for labels to thrive and grow. Han Chong expressed his honor in taking the Roland Mouret brand to its next chapter and hopes to leverage SP Collection’s assets to further enhance its appeal to luxury customers worldwide. The fact that Roland Mouret himself is joining the venture and contributing to its future success is certainly a positive development.
The first collection from Roland Mouret under SP Collection’s ownership is set to be Resort 2023. Fashion enthusiasts can look forward to its unveiling in June, with the collection available for purchase in November. While the specifics of the acquisition, including the purchase price, have not been disclosed, it’s worth noting that the deal does not include Roland Mouret’s staff and retail operations.
With this acquisition, Han Chong and SP Collection aim to create a dominant force in the luxury womenswear market by leveraging the strengths and expertise of Self-Portrait and Roland Mouret. This partnership holds tremendous promise for the future of both brands as they continue to deliver fashion-forward designs and celebrate the beauty of women.
Useful links:
– Self-Portrait Official Website
– Roland Mouret Official Website
