Time to accelerate for Jolies Culottes: only a year and a half after its launch, the online-only French women’s underwear label is riding its value-for-money reputation and recently raised funds to boost its growth.
Few luxury brands have been as quietly busy as Chanel, which has strategically bought stakes in three new businesses and, just this week, unveiled the structure of its new center for artisanal excellence, called 19M.
After nearly defaulting in 2016, the second-hand apparel and accessories website has become a key player in Europe, with France its stalwart, and is now focused on extending its product range to become profitable.
Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.
Quiz continues to face difficult trading as UK retail stays challenging at best. And while the firm’s Spanish ops are doing well, its Irish business seems to be suffering from the same issues as it’s facing in the UK.
Charlotte Tilbury Beauty, the company that runs the star make-up artist’s UK and European operations, has filed impressive sales figures for its 2018 financial year with revenues reaching £100.9 million, a rise of 34%.
The French start-up offering an at-home clothes alteration and upcycling service by tailors and seamstresses has caught the eye of Paris department store BHV and The Kooples, and recently carried out a new funding round.
Luxury conglomerate LVMH has acquired a stake in Madhappy, the American direct-to-consumer casualwear brand, via LVMH Luxury Ventures, an investment vehicle with the group that previously bought into Gabriela Hearst.