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PVH Joins $250 Million Fashion Climate Fund
The Tommy Hilfiger and Calvin Klein owner has committed $10 million to the fund through its philanthropic arm. The initiative was launched in June by …
JD Sports to Pay Former CEO Cowgill £5.5 Million After Exit
JD Sports Fashion Plc will pay former boss Peter Cowgill at least £5.5 million ($6.3 million) as part of an exit deal after he was …
Everlane Raises $90 Million in Debt
The basics brand just bagged a fresh round of funding to shore up its expansion plans. The direct-to-consumer company, one of the earliest digital native …
Revlon to Pay Executives $36 Million in Bankruptcy Bonuses
Revlon Inc.’s plan to give bankruptcy bonuses to its top executives won approval by a federal judge Wednesday despite opposition from the US Justice Department’s …
Zara Billionaire Bets $700 Million in Move Into Us Logistics
Zara founder Amancio Ortega has spent over $700 million in recent weeks on a series of logistics acquisitions, in what’s shaping up to be one …
Report: ABG Expected to Announce £200 Million Ted Baker Acquisition
Licensing firm Authentic Brands Group is expected to reveal it has finalised a deal to purchase the London-based fashion brand for around £200 million ($240 …
Stella McCartney and VC Firm Collaborative Fund Launch $200 Million Climate Solutions-Focused Fund
The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains at the Series A and B …
Thom Browne’s Path to $500 Million, 500 Square Feet at a Time
When Thom Browne opened its first retail store in France, it didn’t opt for a glitzy, multi-level storefront in Paris, like many luxury brands would …
Report: End. Clothing Explores Stake Sale, Seeking £700 Million Valuation
The Newcastle-based menswear retailer turned to Goldman Sachs to help it find a new investor, Sky news reports. The retailer is in talks with private …
Green Chemistry Start-Up Evolved By Nature Raises $120 Million
The company closed a Series C funding round, led by Teachers’ Venture Growth (TVG), the late-stage venture arm of the Ontario Teachers’ Pension Plan Board, …
L Catterton to Sell Ganni in up to $700 Million Deal
Private equity firm L Catterton is selling its Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with …
Chinese Fashion Tech Firm Linctex Digital Raises $100 Million
LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and …
Mike Ashley’s Frasers Raises Hugo Boss Exposure Up to $937 Million
Mike Ashley’s Frasers Group said on Wednesday it has increased its maximum exposure to Hugo Boss to $937 million and reiterated its support for the …
Gap Inc. and Athleta Invest $1 Million in Footwear and Apparel Start-up Saysh
The San Francisco-based apparel retailer invested in the label which was founded in June 2021 by the American Olympic sprinter Allyson Felix and her brother …
How Nili Lotan Built a $100 Million Brand
Nili Lotan does not have time for TikTok trends. Sitting in her office loft above her brand’s atelier in New York one recent spring morning, …
Mike Ashley Acquires Missguided in £20 Million Rescue Deal
British sporting goods billionaire Mike Ashley swooped on another failing retailer, snapping up online brand Missguided after it entered UK insolvency proceedings. Ashley’s Frasers Group …
Licensing Company Sells Majority Stake in Isaac Mizrahi for $68 Million
Retail holding company Xcel Brands has sold a 70 percent stake in the brand to fellow licensing firm WHP Global, which also owns Anne Klein …
Ann Getty’s $1.5 million JAR jewelry is headed to auction
Most women in elite social circles who collect pricey jewelry wear them as instructed: brooches below the collar bone, one earring per lobe, necklaces cascading …
Arianee, NFT Platform for Fashion and Luxury, Raises €20 Million
The Paris-based company bills itself as an end-to-end web3 solution for brands to create and distribute NFTs, typically linked to physical goods. The NFTs can …