Fashion
Swedish luxury fashion house founded in Stockholm in 1996 by Jonny Johansson as part of a multidisciplinary creative collective called ACNE — an acronym for Ambition to Create Novel Expressions. The brand became known after Johansson produced 100 pairs of raw denim jeans with red stitching in 1997 that attracted international press attention. Acne Studios became a standalone fashion company in 2006 and has since grown into a globally respected house with a multidisciplinary approach spanning ready-to-wear, accessories, publications, furniture, and exhibitions. In December 2018 Acne Studios sold minority stakes to IDG Capital and IT Group; Johansson and executive chairman Mikael Schiller retain majority ownership. The brand operates over 60 stores in 15 countries.
Known investors: IDG Capital, IT Group