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Hit hard by the COVID-19 pandemic and carrying roughly $140 million in debt, the company filed for Chapter 11 bankruptcy in May 2020. Lion Capital eventually acquired substantially all assets for approximately $97 million (including debt forgiveness) and took full control. The Brand Today
The brand's journey from a small startup to a global luxury label involved several major ownership shifts: buy john varvatos
Lion Capital first purchased a majority stake in March 2012 for an undisclosed sum. Varvatos remained at the helm as Chairman and Chief Creative Officer. Hit hard by the COVID-19 pandemic and carrying
John Varvatos is now the Chief Design Officer for Under Armour and previously launched a short-lived separate label called OTD (On This Day). Shopping for John Varvatos Varvatos remained at the helm as Chairman and
The brand is currently owned by the private equity firm Lion Capital LLP . While the namesake designer, John Varvatos, founded the company in 1999 and led it for two decades, he officially exited the brand following its 2020 bankruptcy. Today, the label is managed under the same umbrella as AllSaints and continues to expand globally under new creative leadership. Ownership History & Acquisition