Beauty brand Ogee raises $7 million
Beauty brand Ogee raises $7 million
Certified-organic beauty brand Ogee Inc. announced on Thursday that it has raised $7.07 million in a Series A offering.
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![Beauty brand Ogee raises $7 million]()
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![Wolverine Worldwide sells Champion footwear license to HanesBrands]()
Wolverine Worldwide sells Champion footwear license to HanesBrandsWolverine Worldwide sells Champion footwear license to HanesBrandsWolverine Worldwide announced on Thursday it has sold its Champion trademarks for footwear in the United States and Canada to its long-time licensee HanesBrands Inc for $90 million in cash.
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![Carlo Capasa re-elected chairman of the National Chamber of Italian Fashion]()
Carlo Capasa re-elected chairman of the National Chamber of Italian FashionCarlo Capasa re-elected chairman of the National Chamber of Italian FashionCarlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.
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![Baird Group gets funding injection to drive international growth]()
Baird Group gets funding injection to drive international growthBaird Group gets funding injection to drive international growthUK-based menswear retailer/wholesaler Baird Group has secured £7 million in funding from Bibby Financial Services (BFS). The additional financing will go to support international growth while increasing stock volumes.
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![Frasers Group buys major MySale stake to help with clearance activities]()
Frasers Group buys major MySale stake to help with clearance activitiesFrasers Group buys major MySale stake to help with clearance activitiesFrasers Group has acquired a big stake in Australian fashion marketplace, MySale. It sees it as "an opportunity for a strategic partnership" to sell end-of-line group products via an established clearance channel.
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![Cath Kidston sold to Hilco, plans expansion at home and abroad]()
Cath Kidston sold to Hilco, plans expansion at home and abroadCath Kidston sold to Hilco, plans expansion at home and abroadIt's official. After several days of speculation, restructuring specialist Hilco Capital has acquired the Cath Kidston brand from its previous owner Baring Private Equity Asia (BPEA).
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![L Catterton to sell Danish fashion brand Ganni in up to $700 million deal, sources say]()
L Catterton to sell Danish fashion brand Ganni in up to $700 million deal, sources sayL Catterton to sell Danish fashion brand Ganni in up to $700 million deal, sources sayPrivate equity firm L Catterton is selling Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with knowledge of the situation told Reuters.
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![H&M links with Google Cloud to boost customer experience, internal functions]()
H&M links with Google Cloud to boost customer experience, internal functionsH&M links with Google Cloud to boost customer experience, internal functionsFresh from delivering its latest results this week, on Thursday H&M had another big announcement with the debut of a new partnership with Google Cloud.
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![Luxury shoppers increasingly focus on sustainability, the metaverse - report]()
Luxury shoppers increasingly focus on sustainability, the metaverse - reportLuxury shoppers increasingly focus on sustainability, the metaverse - reportA new BCG and Comité Colbert study shows that 65% of consumers “take into account companies' commitment to sustainable development when deciding on their purchases” and that luxury still needs to do more to excel online.
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![Chanel-backed 'activated silk' firm adds new investors]()
Chanel-backed 'activated silk' firm adds new investorsChanel-backed 'activated silk' firm adds new investorsEvolved By Nature, a biotech firm backed by French fashion company Chanel, said on Thursday it has raised $120 million in a financing round, adding new investors including one of Canada's biggest pension funds.
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![Could indie sports shoe brands Hoka and APL become the next Nike?]()
Could indie sports shoe brands Hoka and APL become the next Nike?Could indie sports shoe brands Hoka and APL become the next Nike?Indie athletic performance sport brands Hoka and APL, launched in 2009, have each grown a following of devotees who swear by both the technical abilities and look of these athletic shoes.
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![AlgiKnit raises $13 million in funding round]()
AlgiKnit raises $13 million in funding roundAlgiKnit raises $13 million in funding roundU.S. eco-textile firm AlgiKnit announced on Wednesday it has raised $13 million in a Series A funding round, which will see the kelp yarn maker embark on a new phase of growth moving forward.
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![Isamaya Ffrench launches namesake beauty brand]()
Isamaya Ffrench launches namesake beauty brandIsamaya Ffrench launches namesake beauty brandCelebrity makeup artist Isamaya Ffrench has launched her own beauty brand, releasing a five-piece debut collection this month.
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![Hilco could become new Cath Kidston owner - report]()
Hilco could become new Cath Kidston owner - reportHilco could become new Cath Kidston owner - reportUK lifestyle retailer Cath Kidston’s new owner could be investor Hilco. It’s close to buying the brand and wholesale operations, having held “detailed talks” with owner Baring Private Equity Asia, a report says.
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![Inspecs has good 2021, despite still being loss-making, 2022 starts well]()
Inspecs has good 2021, despite still being loss-making, 2022 starts wellInspecs has good 2021, despite still being loss-making, 2022 starts wellBritish eyewear specialist Inspecs had a good year in 2021 with the firm’s annual results on Wednesday showing revenue surging 420%.