We advised the Long Tall Sally group, an e-commerce clothing and shoe retailer, on the sale of its assets and stock to AK Retail Holdings Limited, the owner of Yours Clothing.
Long Tall Sally is a UK brand specialising in apparel for tall women. It was part of the TriStyle Group, backed by private equity fund Equistone.
The sale of Long Tall Sally's assets included intellectual property and customer lists.
Commenting on the deal, Head of Private Equity Emma Danks, said: "Long Tall Sally has built a loyal and dedicated following over its 44 years in business, and with the input of the highly experienced investors at AK Retail, the well-loved brand will no doubt rise to new heights to the benefit of its customers. Taylor Wessing continues to advise many of the UK's leading brands, such as Long Tall Sally, in line with our reputation as one of the UK's leading mid-market deals specialists."
Alison Doherty, COO of Long Tall Sally, said: "This transaction was a very important one for Long Tall Sally, and we are grateful to have had the highly experienced and commercially-minded team at Taylor Wessing team to guide us through it. We would not hesitate to recommend them to others."
The team was led by Emma Danks with support from: Suzy Penney (senior associate) and Sarah Wallace (associate) from our private equity group; Liz Wilson (partner) and Graham Samuel-Gibbon (partner) from our tax group; Jo Joyce (senior associate) from our Commercial Technology & Data group; Nina Goodyear (associate) from our IP & Media group; Michael Helfgott (partner) and Holly Cullen (associate) from our Real Estate group. Michael Stein (partner) and Kian Böhmer (associate) from our Frankfurt office assisted with the German aspects of the transaction.