Matthew M Williams Sells Majority Stake in 1017 ALYX 9SM

According to a report, Hong Kong-based entrepreneur Adrian Cheng has secured a majority stake in Matthew M Williams' label 1017 ALYX 9SM. While terms of the deal have not been disclosed, Cheng, Chief Executive Officer of Hong Kong-based property development group New World Development Company, acquired the stake in ALYX through C Capital, the investment fund he founded in 2017 that currently holds investment in 60 companies across fashion, tech, and media sectors.Well before serving as Creative ...