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Andie acquires Richer Poorer to accelerate growth

US swimwear brand Andie has acquired Richer Poorer, a company specialising in comfortable clothing such as nautical-inspired t-shirts and jumpers, according to Business of Fashion (BoF). Although the financial terms were not disclosed, the transaction was carried out with Andie's own funds and marks its first acquisition since its founding eight...

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Business

Swimwear brand Andie secures fresh funding, steps into loungewear

Swimwear and intimates brand Andie has raised fresh funding as it steps into the red-hot loungewear market. The company revealed Tuesday it has secured 18.5 million dollars in a Series B funding round led by Marcy Venture Partners with participation from previous investors City Rock and Gaingels. Andie was launched in 2017 as an inclusive...

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