In The Style's millionaire founder wins High Court battle against rival who claimed he stole his idea
The millionaire founder of Salford-based fast fashion brand In The Style has won his High Court battle against a rival who claimed he stole his idea.
However, in a ruling on Thursday, Judge Mark Cawson KC rejected Mr Clements’s claim and found he had only been considered as a potential investor in Mr Frisby’s idea. “I have worked tirelessly over the last 10 years alongside the ITS team, our influencer partners, and our customers, whose fantastic support has helped to make In the Style the incredible brand it is today.
Julien Luke, partner at TLT, added: "I am delighted with the judgment and this victory for Adam. His is a real success story; having started the business of In The Style in his bedroom and then working tirelessly to develop and grow it such that the business floated in 2021. Finding in favour of Mr Frisby, Judge Cawson said: "The parties’ respective narratives are so fundamentally different that it is difficult to conclude otherwise that one of them is now lying and deliberately giving false evidence.”
The judge also found it was "likely" that Mr Clements’s decision to bring the claim in December 2020 was motivated by the news the company was set to float on the stock market – a move which in March 2021 valued the brand at more than £105m.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EmRata Does Off-Duty Model Style In A Miniskirt And Baseball CapThe look was the definition of smart-casual.
Read more »
SEVEN arrests made after brawl involving stabbing and 'Rambo-style knife'People aged from 15 to 26 have been arrested
Read more »
Katie Holmes Shares Her Winter Style SecretsIf you’re ever looking to stargaze in Manhattan, the Michael Kors show during New York Fashion Week is a safe bet.
Read more »
Royal Style Watch: From Queen Letizia's leather trousers to Sophie Wessex's Prada trenchRoyal Style Watch: Discover which royal ladies including the Countess of Wessex, Queen Letizia of Spain and Queen Maxima of the Netherlands caught our eye this week
Read more »
Enter Shikari mark start of new era in style at New CenturyAlt rock band Enter Shikari played their second show of 2023 in Manchester
Read more »
The best iPad cases in 2023 to protect your tabletAdd style, functionality and protection with the best iPad cases for every budget.
Read more »