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From startup to $600 million: Behind the Culture Kings acquisition

Simon and Tahnee Beard founded Culture Kings in 2008 with the aim of becoming the Net-A-Porter or Farfetch of streetwear. After selling a stake in the business last week to a.k.a. Brands, an online retail platform backed by renowned investment firm Summit Partners, they appear closer than ever to achieving that goal. While the terms of the deal have not been disclosed, Simon told Inside Retail the acquisition has given Culture Kings a valuation of approximately $600 million and will enable the r