Home breadcru News breadcru M&A breadcru  | US' Andie buys Richer Poorer to strengthen multi-brand growth strategy

Prime Content | 
US' Andie buys Richer Poorer to strengthen multi-brand growth strategy

14 May '25
3 min read
US' Andie buys Richer Poorer to strengthen multi-brand growth strategy
Pic: PR Newswire

Insights

  • Andie, the direct-to-consumer swimwear brand, has acquired California-based essentials label Richer Poorer, marking its first acquisition.
  • Richer Poorer will remain a standalone brand, benefitting from Andie's strong e-commerce operations to improve merchandising, site experience, and fulfilment.
  • Both brands will cross-promote products to expand customer reach.

Founded in **** by chief executive Melanie Travis, Andie quickly rose to prominence with its flattering, high-quality swimwear, beloved for its inclusive fit and elevated design. Last year, Travis began exploring category expansion into seasonless, everyday apparel that aligned with the brand&#**;s coastal chic aesthetic. As she pursued an acquisition strategy, she came to learn that Richer Poorer — a brand she had long admired — might be interested in selling.

"When I saw that possibility, it immediately clicked," said Travis. "I&#**;ve been a longtime fan and customer, and the brand had everything we were envisioning—elevated basics, comfort, wearability, and a loyal customer base. It felt like a natural extension of Andie."

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!