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Tokyo-based label AMBUSH has returned to its full independence after its founders Yoon Ahn and VERBAL have bought back the majority stake from New Guards Group. AMBUSH is now the latest brand to jump ship due to New Guards Group's uncertainty. Founders Yoon and VERBAL sold a majority stake of their label to New Guards Group in 2020. Now, they have reacquired the brand back from the group, returning to full ownership of the company. in a statement, the brand disclosed that the transaction was com...
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