Former Gymshark Director and Chairman Paul Richardson has bought a 50 per cent stake in Birmingham-based menswear brand Kalibre Clothing.
Paul has more than 20 years experience in fashion retail, including as joint owner and Director of All Saints from 2000 to 2004.
He was also the Chairman and Director of Gymshark from 2015 to 2022.
Jason Armstrong, Founder and Creative Director of Kalibre Clothing, who owns the remaining 50 per cent of the business, will continue to lead the creative direction of the brand and oversee future collections.
He added“Having someone as experienced as Paul can only benefit Kalibre going forward. He has a rich experience with brands like Gymshark and All Saints. I look forward to learning and growing Kalibre Clothing, which is still in its foundational phase.”
Jason also said that having Paul on board fills him with massive confidence that the company will be able to achieve all the goals it has targeted.
Paul said “Jason first got in touch with me asking for some advice about a year ago after I made an order from Kalibre. He is very talented and very hardworking and I hope my investment will allow him to concentrate on the business rather than doing two or three people’s jobs on his own or constantly worrying about cash flow like lots of other start-ups.”
