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After Losing £18m In Two Years, Zlatan Ibrahimovic Shuts Down His A-Z Fashion Label

Zlatan Ibrahimovic Shut Down His Clothing Line

Former Manchester United player Zlatan Ibrahimovic is reportedly closing down his closing line after losing £18million in just two years.

According to Swedish newspaper Dagens Industri, the LA Galaxy star’s fashion company has been shut down after being hit by marketing costs.

Zlatan Ibrahimovic, 36, started the label with Norwegian fashion giant Varner Group in June 2016 while he was still at Old Trafford and nursing an injury.

Zlatan Ibrahimovic Shut Down His Clothing Line 00
After Losing £18m In Two Years, Zlatan Ibrahimovic Shuts Down A-Z Fashion Label

But A-Z has now been officially shut down and Varner Group explained the decision in a press statement.

It read: “Despite solid growth in 2017 the European sportswear effort has proved too expensive.

“Petter Varner and Zlatan Ibrahimovic agree to end their co-operation in A-Z.”

Reporting by Olayinka Koya

Olayinka Koya leads GYOnlineNG, an independent publication based in Ibadan, Nigeria. He covers Nigerian music, Nollywood, and the business decisions shaping the entertainment industry.

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