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Frankies Bikinis Received a minority investment Victoria's Secret

Date
March 2022
Transaction Type
Strategic acquisition
Value
Undisclosed
Received a minority investment
Company brand product
Company brand product
Company brand product
Company brand product
Company brand product
Back to transactions
Retail

Frankies Bikinis Received a minority investment Victoria's Secret

Date
March 2022
Transaction Type
Strategic acquisition
Value
Undisclosed
Received a minority investment
Company brand product
Company brand product
Company brand product
Company brand product
Company brand product

Transaction
Overview

Our Partner firm, The Sage Group, advised Frankies Bikinis on the investment received from Victoria's Secret.

Frankies Bikinis a leading, digitally native, beach-inspired lifestyle brand that celebrates and empowers women. The Company was founded in 2012 by then 17-year-old Francesca Aiello and her mother, Mimi Aiello. The brand has developed a cult following, known for its innovative and trend-setting aesthetic, laid-back Malibu vibe, and values of inclusivity and diversity. Appreciated for its authentic brand story and collaborations with global icons such as Naomi Osaka and Hailee Steinfeld, Frankies Bikinis has cultivated a highly engaged following of loyal fans and influencers such as Hailey Bieber, Kendall Jenner, Lady Gaga, Bella Hadid, and Jennifer Lopez, among many others.

Frankies Bikinis reached out to The Sage Group in mid-2021to explore investment opportunities. After an extensive marketing process, the Company chose to partner with Victoria’s Secret. Creative Director Francesca Aiello, President Mimi Aiello, and Chief Operating Officer Frank Messmann will continue to run the business from their headquarters in Venice, California, in collaboration with strategic insight from Victoria’s Secret.

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