Dutch label Mr Marvis catches eye of former Tommy Hilfiger executives
Mr Marvis, a menswear brand specialised in shorts and trousers founded in the Netherlands in 2016, has announced the arrival of two new minority shareholders. The two investors are familiar with the industry: Fred Gehring and Ludo Onnink were formerly the CEO and CFO of US label Tommy Hilfiger. The size of their stake in Mr Marvis was not disclosed.
In the last few years, the duo, which orchestrated Tommy Hilfiger's entry into the European market in the 1990s, has invested in fashion brands like Denham, Karl Lagerfeld, Vingino, and Otrium. The new shareholders are expected to bring to Mr Marvis “valuable knowledge, a vision of the sector, experience and a strong network,” said Mr Marvis in a press release.
Gehring and Onnink have invested in Mr Marvis after the brand carried out a first funding round in 2021, as a result of which Dutch private investment fund Capital A acquired a stake in Mr Marvis.
“We are going through a phase of exponential growth in terms of our organisation, brand performance and the markets in which we operate. Being able to collaborate with such seasoned fashion industry experts during this phase is extremely valuable to us,” said David Sipkens, CEO of Mr Marvis, who co-founded the brand six years ago with Aafke Tuin and Steven Vrendenbarg.
Mr Marvis’s products are manufactured in Portugal. They feature classic styles that are updated seasonally, made in a very wide range of colours and with quality materials. In terms of retail distribution, Mr Marvis operates an e-shop, to which it has recently added two stores in the cities of Antwerp and Amsterdam, where the brand’s headquarters are located.
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