As the market for fashion start-ups turns ice cold, many of these upstarts would be so lucky to find themselves in the same position as Adore Me.
The 11-year-old intimates brand is being acquired by Victoria’s Secret for $400 million in cash, the lingerie giant announced this week.
Such a deal gives Adore Me’s founders and investors a lucrative exit, and the brand will now have access to resources that will help widen its reach. Adore Me…