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Announced

AK Retail to acquire Long Tall Sally from Equistone.

Synopsis

AK Retail, a business that includes the retail sale of specialized lines of apparel and accessories, agreed to acquire Long Tall Sally, an e-commerce clothing and shoe retailer, from private equity firm Equistone. Financial terms were not disclosed. "I am very keen to speak to all Long Tall Sally customers so they can tell me what was right and wrong, they play a big part in how we develop the brand and create an exciting new future, details of these communication methods will be announced soon. Long Tall Sally is a global brand to be proud of and 50% of its business comes from North America, which is a great opportunity for us, we look forward to developing that side of the business further," Andrew Killingsworth, AK Retail CEO.

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