Inc & Co Investment Group, known for its dynamic approach to retail, has announced the acquisition of the ethical luxury lingerie company Studio Pia. Launched in 2017 by Pia Harpur, Studio Pia is celebrated for its avant-garde designs and commitment to sustainability.
Jack Mason, CEO of Inc & Co, expressed enthusiasm about the new venture. “This marks a significant milestone as we continue our expansion into retail with Studio Pia, which retains a level of equity under its current management,” Mason stated. He highlighted the company’s strategic plan to introduce Studio Pia’s sustainable lingerie to a broader audience through various channels including wholesale, pop-up stores, concessions globally, and premium third-party websites.
Mason added, “Our in-house commercial and finance team will collaborate closely with Studio Pia, empowering them to keep producing their award-winning luxury lingerie. We are thrilled to support the expansion of Studio Pia across the globe, adhering to the ethical ethos that has been a cornerstone of their business.”
Pia Harpur, the founder of Studio Pia, shared her excitement about the collaboration. “After navigating through the ups and downs of the last seven years, partnering with Inc & Co comes at a perfect time to elevate the brand to new heights,” Harpur remarked. She discussed the anticipated growth and the opportunities that Inc & Co’s expertise will unlock, aiming to attract a wider audience that values ethical luxury fashion.
Harpur also revealed future plans for Studio Pia, which include a brand refresh, a website relaunch to enhance their digital presence, and the debut of a new collection in Autumn/Winter 2024. “This partnership signifies a rebirth for the brand, reinforcing our commitment to ethical luxury on a global scale,” she concluded.
This acquisition underscores Inc & Co’s commitment to fostering innovation and accessibility in the luxury market, setting the stage for Studio Pia’s continued success under its expanded business strategy.
