The company has bought a 70 per cent stake in the Australian luxury brand with the founding family retaining the remaining 30 per cent.
Zimmermann was founded in 1991 by sisters Nicky and Simon Zimmermann, since the brand has grown and now operates 19 stores in Australia and is also internationally recognised. The luxury brand creates upmarket swimwear and thanks to this investment, the company hopes to expand their current offering om a global scale.
Nicky Zimmermann, commented: “We live and breathe our brand and love what we do – it’s a privilege to work with so many incredibly creative and talented people each day. We are so excited by what lies ahead and look forward to working collaboratively with our new partners.”
Style Capital’s portfolio already consists of Forte_Forte, Re/Done and MSGM and the new partnership with Zimmermann is a continuation of the company’s aim to invest in talented people and their brands.
