DK Company news and archive

DK Company takes over the insolvent fashion brand Wood Wood

The Danish conglomerate DK Company has taken over clothing brand Wood Wood, which had slipped into insolvency last year. In autumn 2023, the company closed a number of stores, including a branch in Berlin and in London's Soho district. Another branch in Berlin and a shop in Aarhus had already been forced to close in the spring. Through the sale...

BusinessPress Release

Denim brand BALL acquired by DK Company

DK Company has just signed an agreement to acquire the BALL brand. The brand was relaunched in 2020 by Nastassia Elm Bregengård and has since positioned itself in the market, primarily in Scandinavia, where the brand has a strong distribution with many recognized retailers. The brand will be placed in DK Company's Vejle division under the...

Business

IC Group sells Saint Tropez to DK Company

IC Group has signed an agreement to sell Saint Tropez to DK Company A/S with an expected final closing date as at 31 January 2019. The company said in a statement that the group expects a positive, minor amount impact on cash flow from the sale while the accounting effect is expected to amount to a loss of 70 million Danish krone. Out of this...

Business

DK Company acquires three new labels

Danish fashion company, DK Company, has expanded its current portfolio with the recent acquisition of three women's wear labels from Ball Group for the sum of 60 million Danish krone. (8.78 millions US dollars, 5.8 million pounds) The deal, which saw brands Culture, Pulz and Educe take over, is said to help strengthen DK Company position in the...

Fashion

IC Companys sells off its mid-market segment

IC Companys announced on Thursday the impending sale of its mid-market division, which included four labels; InWear, Matinique, Part Two and Soaked in Luxury as well as the store concept Companys, to Danish fashion company DK Company for 50 million krone (5.5 million pounds) and a 10.11 percent minority share in the company, (equal to 29 million...