By mid-2004, AllSaints had expanded to 10 stores in the UK and was poised to launch its childrenswear line.[16] Between mid-2004 and the end of 2005, controversial fashion financier Kevin Stanford, co-founder of womenswear chain Karen Millen, bought out each of AllSaints partners besides Stuart Trevor, thus acquiring a majority stake in the company. Finally in December 2005, Stanford bought out Trevor's stake in the company as well. In 2006, AllSaints sold a 35% stake in the company to Icelandic investment firm, Baugur Group, with Kevin Stanford as the majority shareholder.[18][19] In late 2006, the company launched its e-commerce website.
By mid-2004, AllSaints had expanded to 10 stores in the UK and was poised to launch its childrenswear line.[16] Between mid-2004 and the end of 2005, controversial fashion financier Kevin Stanford, co-founder of womenswear chain Karen Millen, bought out each of AllSaints partners besides Stuart Trevor, thus acquiring a majority stake in the company. Finally in December 2005, Stanford bought out Trevor's stake in the company as well. In 2006, AllSaints sold a 35% stake in the company to Icelandic investment firm, Baugur Group, with Kevin Stanford as the majority shareholder.[18][19] In late 2006, the company launched its e-commerce website.
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