Progetto 11 srl, the holding company of The Level Group and an investor and accelerator of a growing portfolio of fashion and lifestyle businesses, has acquired the operating companies of the Tomorrow Group, the London-based fashion distribution platform.
The transaction ensures the continuity of the operating business and provides a stable foundation for the platform going forward.
Headquartered in London, Tomorrow supports the global brand growth of fashion businesses through wholesale distribution, showroom representation and brand development services. Over the past few years, it has built a network of showrooms and operational capabilities supporting fashion brands across Europe, North America, and Asia, establishing itself as a key player in the global fashion distribution space. The Group also has a presence across key fashion hubs including Milan, Paris and New York and maintains investment positions in several eminent streetwear brands.
In recent months, the business has experienced trading challenges in line with broader structural changes affecting the fashion industry, including increased complexity across wholesale distribution and tighter market conditions.
Following a process to explore strategic options, the directors of the holding entities placed certain group companies into administration in order to facilitate a transaction that would preserve the operating business.
Steve Absolom and Will Wright from Interpath were appointed joint administrators to Tomorrow London Holdings Limited (“TLHL”), Tomorrow London Limited (“TLL”) and Tomorrow Mid-Co Limited (“TML”) on 20 March 2026.
Immediately following their appointment, the joint administrators completed a transaction for the sale of the shares held by TLHL and TLL in their operating subsidiaries to Progetto 11. The transaction ensures the operational continuity of the Group going forward.
Steve Absolom, managing director at Interpath, said: “We’re pleased to have concluded this transaction which not only puts in place a stable financial platform upon which the business can move forward, but which also preserves Tomorrow’s ecosystem of brands, employees, partners and suppliers.”
