Tuesday, 11 August 2009

Simon Fuller buys majority share of Storm Fashion Model Agency

It’s been announced this week that media mogul Simon Fuller has acquired a controlling stake in the Storm Fashion Model Agency. He bought a 51% share of the high-end modelling agency for an undisclosed sum, which represents models such as Kate Moss and Cindy Crawford.

The 49-year-old entrepreneur presently owns 19 Entertainment, the company responsible for popular television programmes such as Pop Idol and American Idol. Fuller now appears to be switching gears as he moves from entertainment into beauty and fashion.
Fuller has commented: “With 19 moving more into the world of fashion and style, the opportunity to join forces with Storm was irresistible.”
Given his background as an enviable empire-builder, it’ll certainly be interesting to see where Storm goes from here.