05 Jan. 2011
DR. REHFELD FASHION AG COMPLETES GREYSTONE ACQUISITIONHamburg-based Dr. Rehfeld Fashion AG has fully completed the acquisition of insolvent Greystone GmbH from Norderstedt, Germany. Dr. Rehfeld Fashion AG had already became the strategic investor of Greystone GmbH in 2009 and since then the new company was kept under the name Greystone Fashion GmbH. From now on, the brand Greystone will be fully integrated into Dr. Rehfeld Fashion AG, next to the brand Broadway NYC.
“The brand has an enormous potential and the Greystone collection is a reasonable product completion to our group of companies,” according to Dr. Rehfeld.
Dr. Rehfeld Fashion AG has the aim to establish Greystone as a sophisticated casual collection for men and women with further raising both the sourcing continuity and the quality.
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