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Paris (France), 16 November 2010 – Redcats has just announced the acquisition of 100% of castaluna.com, a pure player specialising in plus size fashion. This acquisition consolidates the leadership of the Redcats group in the field of fashion sales for larger sizes on the Internet in France, Europe and the United States. Redcats’ portfolio of specialized brands for the plus size fashion market in the United States and Europe brings in turnover of more than one billion euros.
Its website, One Stop Plus.com, the leading plus size fashion website in the United States, was recently launched in Europe. By buying Castaluna, Redcats wants to continue its development in this market on the Internet. By joining Redcats, Castaluna will have access to the group’s financial, marketing and operational resources to boost its development in France and abroad.
This young start-up will maintain its independence within the group. Its founders are pursuing their entrepreneurial adventure and are giving themselves the means to further drive the growth of the website.
(Press Release)
Image: Velvet, CC BY-SA 4.0, via Wikimedia Commons.
