San Francisco-based investment firm Knox Lane announced on Thursday a majority stake investment in premium beauty products formulator and manufacturer Elevation Labs.
As the cost-of-living crisis escalates, a “significant” section of the UK public has pulled back on online shopping in the last six months, a new report from research platform Attest finds.
E-commerce is forecast to be the metaverse’s main source of revenue, accounting for approximately 50% of its total value by 2030.
The Italian luxury group, owner among others of Moschino, is busy reorganising and has incorporated its lingerie and beachwear specialist Velmar, which also holds the Chiara Ferragni swimwear license.
U.S. department store chain Kohl's Corp on Friday called off its sale to Franchise Group after months of negotiations, citing sinking markets and difficult financing conditions.
After Walgreens Boots Alliance (WBA) pulled the UK-based Boots chain from sale earlier this week, all eyes were on how the chain performed when WBA released its Q3 results on Thursday.
Certified-organic beauty brand Ogee Inc. announced on Thursday that it has raised $7.07 million in a Series A offering.
Wolverine Worldwide announced on Thursday it has sold its Champion trademarks for footwear in the United States and Canada to its long-time licensee HanesBrands Inc for $90 million in cash.
Carlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.
This Friday marked the passing of a baton, as Ralph Toledano retires as president of the Fédération de la Haute Couture et de la Mode, French high fashion’s governing body. He met Fashion Network to consider his tenure.
UK-based menswear retailer/wholesaler Baird Group has secured £7 million in funding from Bibby Financial Services (BFS). The additional financing will go to support international growth while increasing stock volumes.
Frasers Group has acquired a big stake in Australian fashion marketplace, MySale. It sees it as "an opportunity for a strategic partnership" to sell end-of-line group products via an established clearance channel.
It's official. After several days of speculation, restructuring specialist Hilco Capital has acquired the Cath Kidston brand from its previous owner Baring Private Equity Asia (BPEA).
Private equity firm L Catterton is selling Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with knowledge of the situation told Reuters.
Fresh from delivering its latest results this week, on Thursday H&M had another big announcement with the debut of a new partnership with Google Cloud.
