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Crew Clothing sold to Exquisite Apparel amid reports of senior departures

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Crew Clothing’s key stakeholder Livingbridge has sold its 25 per cent stake in the company, prompting reports its chief executive and chief finance officer have left. Livingbridge, which invested in the retailer 11 years ago, has sold its stake in the 80-store company to US clothing manufacturer Exquisite Apparel.

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Crew Clothing sold to Exquisite Apparel amid reports of senior departures

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Crew Clothing sold to Exquisite Apparel amid reports of senior departures

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Crew Clothing’s key stakeholder Livingbridge has sold its 25 per cent stake in the company, prompting reports its chief executive and chief finance officer have left. Livingbridge, which invested in the retailer 11 years ago, has sold its stake in the 80-store company to US clothing manufacturer Exquisite Apparel. Following the news of the sale, Retail Week have reported that Crew Clothing’s chief executive of three-years Louise Barnes has departed the company, alongside its chief finance officer Stuart Owens.

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Crew Clothing sold to Exquisite Apparel amid reports of senior departures

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