Ambush founders reacquire majority ownership from NGG
Yoon Ahn and Verbal, founders of Tokyo-based fashion label Ambush, have reacquired majority ownership of the brand from New Guards Group (NGG), regaining full control of the company. The transaction was completed on Friday last week, though financial details were not disclosed. The move marks a new chapter for Ambush, as the founders aim to further develop the brand’s global presence and expand its initiatives in digital innovation and cross-industry collaborations. NGG, a subsidiary of Farfetch, continues to hold stakes in other fashion brands including Marcelo Burlon County of Milan, Heron Preston, and Kirin Peggy Gou.