A.K.A. Brands adds Mnml to its existing portfolio, which includes Princess Polly and Culture Kings
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Newly public A.K.A. Brands Holding Corp. has announced another addition to its clothing-brand portfolio, Mnml, a men’s streetwear label acquired for $48.6 million in combined cash and equity.
Mnml was launched in 2016 and is billed as selling affordable men’s apparel. The brand had $20 million in net revenue in fiscal 2020, about 20% from outside of the U.S. The brand is expected to be immediately accretive to net income, according to A.K.A.
Mnml…
