European retail giant Zalando, material science and digital labels maker Avery Dennison and outdoor and sportswear manufacturer Youngone participated in the funding round announced Wednesday, …
Tag
Showing: 101 - 120 of 160 RESULTS
Million
Australian Luxury E-tailer Cettire Posts $8 Million Net Profit
The online fashion retailer reported 187 million Australian dollars (US$123 million) in revenue during the six months that ended December 31, up 65 percent year …
Taylor Swift Accessorized Her Grammys ‘Fit With $3 Million in Jewelry
There’s no question that the midnight blue Roberto Cavalli set Taylor Swift wore to the 2023 Grammys was a reference to the title of her …
Ariana Grande to Buy Beauty Brand Assets for $15 Million
Ariana Grande has reached a deal to buy assets tied to her r.e.m. beauty brand from a company that recently filed for bankruptcy, according to a court filing. The …
Makeup by Mario Secures Minority Investment at $200 Million Valuation
Makeup artist Mario Dedivanovic’s beauty line Makeup by Mario has received a $40 million minority investment from private equity firms Provenance and Silas Capital, valuing …
Digital Fashion Platform Founded by Ex-Luxury Executive Raises $9.5 Million
Syky, created by a fashion veteran who held top roles at Ralph Lauren and Burberry, closed a funding round led by Seven Seven Six, the …
Italian Watchdog Fines Online Retailer YNAP More Than $5 Million
Italy’s antitrust agency has fined online fashion retailer YOOX Net-A-Porter (YNAP) 5.25 million euros ($5.69 million) over misleading pricing and its returns policy, the regulator …
Stella McCartney Reports £32.7 Million Loss in 2021
Post-tax losses at the brand, known for the sustainable positioning and advocacy of its eponymous founder, deepened 7 percent year-on-year, as higher sales were offset …
Lanvin Group Raises $150 Million in Public Debut
Shanghai-based Lanvin Group began public trading in a ceremony at the New York Stock Exchange Thursday. The company, owned by China’s Fosun International, is hoping …
Kering, L’Occitane Group Launch €300 Million Nature Fund
The Climate Fund for Nature, a new investment scheme, is aiming to raise €300 million ($317 million) of funding commitments from luxury fashion and beauty …
Resale Platform Archive Raises $15 Million Series A Round
The software company powers resale for brands including Oscar de la Renta, Sandro and The North Face, among others. Creating tailored resale programmes for each …
Shein to Spend $15 Million on Factories After Labor Abuse Claims
Fast-fashion giant Shein will spend $15 million upgrading hundreds of factories after an investigation found that two of its suppliers’ warehouses are flaunting local working-hour …
Everlane Secures $25 Million Loan from Gordon Brothers
The investment firm announced the financing on Wednesday. In September, Everlane’s financial partners announced that the direct-to-consumer apparel seller had secured $65 million in revolving …
Primark to Invest €100 Million in Spain, Hire 1,000 Employees
British fashion retailer Primark said on Tuesday it planned to invest 100 million euros ($103.5 million) to open new stores and refurbish existing ones in Spain, its …
Primark to Invest £140 Million in Store Estate
British fashion chain Primark set out plans to invest £140 million ($169 million) in its UK store estate over the next two years, betting on …
PETA Launches $1 Million ‘Vegan Wool’ Prize
PETA will award $1 million to the first individual or small business to successfully develop a sophisticated animal-free alternative to wool, the animal rights group …
Chinese Authorities Destroy 3,000 Tonnes of Fake Goods Worth $69 Million
Chinese authorities on Thursday destroyed a giant haul of counterfeit products purporting to be from brands such as Nike and Louis Vuitton at an event …
Accessories Rental Platform Vivrelle Raises $35 Million
The New York City-based rental company, which offers users monthly access to accessories like Chanel handbags and Hermes jewellery, has closed its $35 million Series …
Direct-to-Consumer Financing Firm Clearco Raises $215 Million
The e-commerce investor, formerly known as Clearbanc, announced on July 8 its new round of funding led by investor SoftBank under its Vision Fund 2. …
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 …