SPM Group has acquired a majority stake in Freshlabels, enhancing its position in the Czech sustainable fashion retail sector.

Target Overview

SPM Group's fashion division (NÁŠ OBCHOD s.r.o.) has acquired a majority stake in Freshlabels, a pioneer in sustainable fashion in the Czech Republic since 2006. Freshlabels has built a reputable brand known for offering unique design-driven apparel and outdoor wear. With the support of SPM's capital and expertise, Freshlabels aims to expand its presence in both online and offline markets across the Czech Republic and further into Western Europe.

The retail chain has introduced a novel concept of discovering and presenting remarkable design brands to both Czech and European customers. Freshlabels not only sells high-quality products but also shares the captivating stories behind lesser-known brands, effectively creating a community of design enthusiasts who value sustainability and craftsmanship. Their product range includes clothing, footwear, bags, and fashion accessories, and they operate an e-shop reaching 26 countries along with two physical stores located in prestigious areas of Prague.

Industry Overview in the Czech Republic

The fashion retail industry in the Czech Republic is witnessing significant growth, driven by a rising consumer interest in sustainable and ethically made products. There has been a marked shift toward online shopping,