L’Oreal has joined Abolis Biotechnologies’s €35 million ($38.6 million) funding round alongside speciality chemicals group Evonik, as part of a deal to develop bio-based ingredients …
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Funding
Hair and Scalp Line Jupiter Secures $3 Million Funding Round
Funding was previously raised in a 2019 pre-launch round, with additional rounds in 2021 and 2022. Founded in 2020 by Robbie Salter and Ross Goodhart, …
Kering Backs Biomaterials Company Mogu in $12 Million Funding Round
French luxury group Kering’s venture investment arm has joined Italian biomaterials start-up Mogu’s latest funding round. The €11 million ($12 million) series A was led by …
Renewcell’s Investors, Lenders Step in With Near-Term Funding
Swedish textile recycler Renewell has plugged a looming liquidity crunch with nearly $10 million in short-term funding from investors and lenders, the company said Wednesday. …
Castore Raises £145 Million in Funding Round
The activewear label announced that it secured growth investment in a funding round led by Raine Partners, the equity arm of investment firm The Raine …
Renewcell Launches Strategic Review, Seeks New Funding
Swedish textile recycler Renewcell said it has launched a strategic review to explore fresh funding options, after struggling to lock in sales of the material …
UK Fashion Retailer Superdry Secures Fresh Funding
Struggling British fashion brand Superdry said on Monday it has secured additional funding of up to £25 million ($32 million) from restructuring specialist Hilco Capital …
Report: Kim Kardashian’s Skims Targets $4 Billion Valuation in New Funding Round
Investment firm Wellington Management is in talks to lead a new funding round for Skims, which could value the underwear clothing company owned by Kim …
Authentic Brands Gets $20 Billion Valuation in Funding Round
Authentic Brands Group Inc., parent company of Forever 21 and Reebok, has raised $500 million from growth-equity investor General Atlantic. The transaction values the owner …
Korean Luxury Platform Balaan Secures $17 Million in Series C Funding
The investment round, participated by Shinhan Capital, Company K Partners, Daol Investment, and two other undisclosed investors, takes Balaan’s cumulative funding to $51.5 million since …
Recycled Cotton Company Recover Valued at $1 Billion In Goldman Sachs-Led Funding Round
Recover, the Valencia, Spain based producer of recycled cotton fibre and cotton fibre blends for many major fashion brands, has closed a $100 million minority …
What Happens to Fashion’s Start-Ups When Funding Dries Up?
Are the days of free-flowing cash for start-ups finally over? After more than a decade of investors pouring money into seemingly any new company, profitable …
Sino-Thai Beauty Brand Mistine Raises $31 million in Series A Funding
The 34-year-old brand was founded by Amornthep Derojanawong in Thailand, but entered the Chinese beauty market in 2016 and is now headquartered in Shenzhen. The …
Indian Cruelty-Free Beauty Brand Plum Raises $35 Million in New Funding
The series C round was led by by A91 Partners, with existing backers Unilever Ventures and Faering Capital also participating. This new injection of capital …