The new expansion will “ensure a high level of traceability” for as much as 20 percent of H&M’s material base by volume, with plans to …
Tag
Showing: 141 - 160 of 160 RESULTS
Million
Karl Lagerfeld Owners Sell Brand to G-III in $210 Million Deal
The owners of the Karl Lagerfeld fashion brand sold a majority stake to G-III Apparel Group Ltd. for 200 million euros ($210 million) in cash. G-III said …
Madison Reed Raises $33 Million With an Eye on Brick and Mortar
Hair colour company Madison Reed, which saw an influx of new customers in the early days of the pandemic, raised $33 million in a new …
South Korean Personal Care Giant Acquires The Crème Shop in $120 Million Deal
LG Household and Health Care will take a controlling stake of 65 percent in the beauty company for about 148.5 billion won ($120 million) with …
Flipkart Pumps $116 Million Into Its Myntra Fashion Platform
The new investment comes as India’s long-time fashion e-commerce leader faces significant challenges from Reliance-owned Ajio and beauty leader Nykaa, which is increasingly expanding into …
RM Williams Owner Invests $20 Million in Plant-Based Leather Maker
The Australian bush clothing and footwear brand could soon be making a plant-based version of its famous boots following a $20 million investment in sustainable …
Chinese Retailer Bananaunder Aims for $500 Million IPO
The Sequoia China-backed brand, known for clothing, footwear and accessories with inbuilt sun protection, has filed to list on the Hong Kong Stock Exchange. Founded …
New Partnership Looks to Invest €5 Million in African Brands Each Year
Birimian Ventures, an investment company launched last year to help African luxury and heritage brands grow their businesses regionally and internationally, has partnered with the …
South Korean Sneaker Resale Platform SoldOut Raises $33 million
The operator of South Korea’s online resale marketplace for limited-edition sneakers and streetwear said existing shareholders Musinsa, South Korea’s largest multi-brand online fashion retailer, and …
Imaginary Ventures Launches Third Fund Worth $500 Million
The new fund will bring the consumer-focused venture firm’s assets under management to $1 billion and is intended to be put toward investment opportunities in …
Farfetch to Invest Up to $200 Million in Neiman Marcus Deal
Farfetch has inked a partnership with Bergdorf Goodman-owner Neiman Marcus Group to help the retail group expand its e-commerce capabilities and technology services. As part …
Kering to Pay 187 Million Euros to Settle Bottega Veneta Tax Dispute
French luxury goods group Kering agreed to pay almost 187 million euros ($207 million) to settle a dispute with Italian tax authorities centred on its …
Rental Platform By Rotation Raises $3 Million
By Rotation, a peer-to-peer fashion rental platform, has raised $3 million in seed funding. The round was led by Redrice Ventures, with additional participation from …
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 …
Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million
Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple …
Drake Rocks $1.9 Million Necklace From Frank Ocean’s Homer Luxury Company
It seems Drake’s jewelry collection might have just gotten pricier. On Friday night, the Certified Lover Boy posted a series of Instagram photos in which he …
Chinese Face of Bulgari, Bally Fined $16.6 Million for Tax Evasion
Actor Deng Lun, 31, was fined 106 million yuan ($16.6 million) for tax evasion following the discovery of irregularities in his reported income in 2019 …
This Startup Just Raised $314 Million To Make Animal Silk Obsolete
Silk made by killing worms might soon become obsolete thanks to Japanese biofabrication startup Spiber, which recently raised 34.4 billion yen (approximately $314 million) from …
Streetwear Marketplace Kicks Crew Raises $6 Million in Series A Round – Business of Fashion
Images and Article from www.businessoffashion.com. The capital injection will be used to strengthen the e-commerce company’s position in the US market. The round was led …