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Business

Technical clothing brand Kit and Ace struggles in retail

Apparel company Kit and Ace is undergoing some hardships in the current retail climate. The company is experiencing layoffs as well as closures for some of its international stores including locations in the U.S., U.K., and Australia. Two of the brands stores in the U.K. have already closed, according to Drapers. Kit and Ace’s locations in...

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Member
Business

Kit and Ace lays off 10 percent of its head office staff

London - Kit and Ace, the apparel brand launched by the wife and son of Lululemon Athletica founder Chip Wilson, has let go of 10 percent of head office staff. The start-up company stated it axed 35 roles at its headquarters in Vancouver, Canada last Thursday, as the company slows down its expansion rate. Best known for its wash-and-wear...

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