The London-based concept store Machine-A, known for stocking and supporting emerging fashion talent, has exited the Tomorrow Group portfolio with the help of private investors. Steven Ma, an accessories designer who has worked with Machine-A since 2019, has been named the director of the company and will look to hone the retailerâs approach to expansion in China. Founder Stavros Karelis will continue to be involved in the business.
The move comes after Tomorrow Group sold A-Cold-Wall to a distribution company backed by Fraserâs group in November, after acquiring the brand from founder Samuel Ross less than a year ago.
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Tomorrow Ltd Acquires Samuel Rossâ A-Cold-Wall
After buying out the designerâs stake, the London-based brand accelerator now owns 100 percent of the label.
