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Alexandalexa

MMC Ventures injects £1.5 million into online children's wear retailer Alexandalexa

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MMC Ventures has invested £1.5 million (roughly $2.32 million) in AlexandAlexa, a UK-based online retailer for luxury children’s wear, selling premium brands such as Ralph Lauren Kids, Burberry Kids, Little Marc Jacobs and Junior Gaultier.

MMC said in a statement that it is taking a “significant minority stake” in the business.

AlexandAlexa, a family owned business founded in September 2007, projects turnover to reach £40 million by 2014 through international expansion.

Rory Stirling, investment manager at MMC Ventures, will join the company’s board.

  • http://jetlib.com/news/2010/12/22/mmc-ventures-injects-2-32-million-into-online-children%e2%80%99s-wear-retailer-alexandalexa/ MMC Ventures Injects $2.32 Million Into Online Children’s Wear Retailer Alexandalexa | JetLib News

    […] Read the rest of this entry » […]

  • David

    interesting write up of MMC on TheFunded.com http://is.gd/jdVm1

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  • http://ohsugar.com.au/2010/12/22/mmc-ventures-injects-2-32-million-into-online-children%e2%80%99s-wear-retailer-alexandalexa/ Oh, Sugar! » MMC Ventures Injects $2.32 Million Into Online Children’s Wear Retailer Alexandalexa

    […] Read the rest of this entry » […]

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