LVMH’s luxury fund has taken a minority stake in the Norwegian luggage brand Db Bags, originally named Dochebags. It is LVMH’s luxury fund’s second investment …
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FashionValet Founders Charged After Wealth Fund Losses
Malaysian prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company by two government-linked firms. …
Venrex and the British Beauty Council Launch Beauty Venture Fund
Venrex, the venture investment firm, and trade body the British Beauty Council jointly announced on Tuesday the establishment of a new fund for beauty companies …
Altuzarra Nabs Investment From New Venture Fund P180
Joseph Altuzarra is ushering in a new chapter for his business. The designer’s 16-year-old namesake womenswear label announced on Tuesday that it had received a …
Fearless Fund to End Grant Programme for Black Women Founders, Settles Lawsuit
The Fearless Fund will end its Strivers Grant Contest, which provided funds to Black women entrepreneurs, as part of a settlement reached this week with …
French Brand Sessùn Sells Majority Stake to Italian Fund, Eyeing International Expansion
Marseille-based fashion brand Sessùn has sold a majority stake to Italian fund Quadrivio, BoF has learned. Founded in 1996, Sessùn encapsulates a Mediterranean aesthetic inspired …
Saudi Wealth Fund Offers to Boost Stake in Selfridges
Saudi Arabia’s Public Investment Fund has made an offer that would boost its stake in Selfridges to 50 percent, according to documents seen by Bloomberg …
Bianca Saunders Wins 2024 BFC/GQ Fashion Fund
London-based menswear designer Bianca Saunders has been awarded this year’s BFC/GQ Fashion Fund, the British Fashion Council said in a statement Friday. Saunders, who launched …
CFDA/ Vogue Fashion Fund Names Finalists
The Council of Fashion Designers of America and Vogue announced the finalists for the 20th edition of the CFDA/Vogue Fashion Fund award. This year’s finalists …
Chopova Lowena Wins 2024 BFC/Vogue Designer Fashion Fund
London-based womenswear brand Chopova Lowena has been named the winner of the 2024 British Fashion Council/Vogue Designer Fashion Fund. Founded by Central Saint Martins graduates …
Tracee Ellis Ross Wore Marc Jacobs To The Fashion Scholarship Fund Gala
Tracee Ellis Ross was honoured by the Fashion Scholarship Fund Gala in New York City on Monday. The actress returned the favour by honouring the …
Japan’s SixtyPercent Secures Investment from Kuroneko Innovation Fund
The e-commerce platform selling Asian fashion brands to Japanese consumers has raised 460 million yen ($3.1 million) in a series A funding round led by …
Activist Hedge Fund Is Pushing Kohl’s to Sell
An activist hedge fund chaired by former Canadian Prime Minister Stephen Harper is pushing US department store operator Kohl’s to sell itself, according to people …
Shiseido Launches Venture Investment Fund
On Dec. 7, Shiseido Company announced the launch of a corporate venture capital fund, Shiseido Long Term Investments for the Future (LIFT) Ventures. It will …
TikTok is Killing Its Creator Fund After Months of Criticism From Influencers
And it appears most creators won’t be sad to see it go. The video-sharing platform announced Monday that the fund — through which TikTok promised …
Byronesque Relaunches Following Fund Raise
Byronesque, the Paris-based luxury vintage retailer, is relaunching as a digital vintage department store, where luxury brands can sell vintage through their own e-concessions on …
Adidas Claims Ye Mishandled Over $100 Million Marketing Fund
Beneath the very public collapse of Adidas AG’s multibillion-dollar sneaker deal with Ye is a private legal battle over a $100 million-a-year marketing fund. The …
Glamour and Female Founder’s Fund Host Camp FFF in The Hamptons | Glamour
Glamour, in collaboration with Female Founder’s Fund (FFF), took center stage as the co-host of the highly anticipated two-day event, Camp FFF, held in picturesque …
Zara Owner Inditex Considers Fund to Back Environmental Startups
Inditex SA, which owns the Zara clothing chain, is considering setting up a vehicle to invest in startups and technologies that it hopes could help …
Grace Wales Bonner Wins BFC/GQ Designer Fashion Fund
London-based designer Grace Wales Bonner has won this year’s British Fashion Council/GQ Designer Fashion Fund, the BFC said Wednesday. The founder of luxury menswear label …