Spark Etail acquires Frank & Faith
By FashionUnited
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Environmentally friendly supplier and retailer, Spark Etail, has announced that is acquiring ethical fashion label and online retailer, Frank & Faith. The label will join the groups other online stores Ethical Superstore, Natural Collection and the recently
acquired Spirit of Nature, which sell Organic, Fair Trade and UK-made products.Frank
With the introduction of the brand to the group’s portfolio of companies, Spark Etail is forecasting group turnover in excess of £15m over the next year, and will operate the retailer from its headquarters in Gateshead.
Noel Lambert, Managing Director, Spark Etail says: “Since its inception, Spark Etail has grown significantly and in response to market demand we have been actively searching for a strategic acquisition to enhance our current fashion portfolio. Frank & Faith is an ideal fit for Spark Etail, as it has an established, loyal customer base and excellent ethical and organic credentials.”
Anya Pearson, co-founder Frank & Faith adds: “We are incredibly proud of Frank & Faith and we are confident that the acquisition represents an exciting new journey for the brand. We believe that the team at Spark will ensure the brand continues to evolve and as a result Frank & Faith customers will continue to enjoy even more collections of beautiful ethically produced fashion.”
Images: Frank & Faith
Frank & Faith
Spark Etail