Genderless fine fragrance brand Henry Rose, founded by Michelle Pfeiffer, announced on Wednesday that it has secured a series A investment, marking its first external investment since its launch in 2019. Fragrance brand Henry Rose secures Series A investment. – Henry Rose The investment, led by Sandbridge Capital, will help...
HanesBrands Inc. announced on Wednesday first-quarter sales dropped 12% to $1.39 billion, hindered by a decrease in Champion sales, which took a double-digit decline hit both in the U.S. and internationally. Champion The Winston-Salem, North Carolina-based company said global Champion brand sales decreased 17% on a reported basis as compared to prior year,...
Beauty giant Coty announced on Wednesday the renewal of its license agreement with Swiss-based family business Davidoff, extending their long-running partnership beyond twenty years. Coty renews license agreement with Davidoff. – Coty As part of the extended partnership, Coty will update the brand’s leading fragrance, Davidoff Cool Water, as...
By Reuters Published May 3, 2023 Danish jewellery maker Pandora will slow down a planned country-wide relaunch of its brand in China as customer demand has yet to recover to pre-pandemic levels, the company’s CEO said on Wednesday. Pandora Pandora sees China as a potential driver of future growth,...
By Reuters Published May 3, 2023 Italian Design Brands (IDB), a hub of Italian furniture and lighting companies, said on Tuesday it was carrying on with plans to list on the Milan bourse as a new investor acquired a majority stake in its parent company. Gervasoni Merchant bank Tamburi...
Translated by Cassidy STEPHENS Published May 3, 2023 AZ Factory is tightening its ties with Lutz Huelle. Following the success of their spring-summer 2023 collection, the German designer and the house founded by Alber Elbaz have announced that their collaboration “will be recurrent.” Studio members with Lutz Huelle and...
Translated by Nicola Mira Published May 3, 2023 On Thursday May 4, Prada is celebrating its first Web3 anniversary, having launched its first NFT a year ago. For the occasion, the Italian luxury label has decided to give one of its most loyal customers the chance to enjoy a...
Ambitious online fashion platform Secret Sales is understood to have secured $10 million in a Series B fundraising, a news report said on Wednesday. Secret Sales The Sky News report says the new funding will be used to accelerate expansion into Europe, targeting 12 new markets adding to its...
Movado Group has announced the appointment of Michelle Kennedy to the role of senior vice president, human resources, effective immediately. Movado In this role, Kennedy will be responsible for the watch company’s global human resources strategy and operations; talent management, including recruitment and leadership development; and compensation and benefits....
Superdry has finally launched its much-talked-about share sale with a value of around £12 million, saying it will issue 15.7 million new ordinary shares at 76.3p each, adding up to 19.1% of its equity. Superdry Founder and CEO Julian Dunkerton has agreed to underwrite the equity raise in its...
