Alquemie Group and Ginger & Smart Pty Ltd have announced a new partnership, with Alquemie taking a majority position in the new entity.
As a leading Australasian retail investor, Alquemie Group brings substantial expertise to help grow the brand’s local retail and digital presence, whilst assisting with international market expansion.
Alexandra and Genevieve Smart will remain as Managing Director and Creative Director, respectively, and will continue to drive the brand whilst leveraging ARG’s expertise in retail, logistics, production and e-commerce.
“This is a strategic move to continue to diversify our portfolio and invest in highly desirable retail brands,” says Richard Facioni, Executive Director.
“We plan to grow the business, both online and through physical stores. Alexandra and Genevieve bring notable management and design calibre and we look forward to working together to build a great future for this brand.”
Established in 2002 by Sydney-based sisters Alexandra and Genevieve Smart, the Ginger & Smart brand is renowned for its luxury contemporary design aesthetic.
Alexandra Smart, Managing Director, comments: “Partnering opens many opportunities to expand the business and grow our customer base with a strong partner.
“We are very fortunate to have a shared vision for the bright future of Ginger & Smart.
Our primary focus is upon our discerning customer who values quality, beauty and longevity.”
Genevieve Smart, Creative Director, adds: “Our focus is to build a sustainable business, one that is future proofed in the fashion market, by designing sustainable, relevant and innovative products across multiple categories.”