The private equity company has acquired a minority stake in Jeanologia, a Spanish maker of denim manufacturing equipment. The investment will allow Jeanologia to amplify its R&D efforts over the next three years.
Moncler is one of Italian fashion and luxury’s greatest success stories this century. FashionNetwork.com caught up with CEO Remo Ruffini in Milan for some insights into making Moncler a mega success and his future plans.
Nicolás Corral, head of Spanish fashion and accessories brand Bimba y Lola, has stepped down from his position and is moving to Acciona, according to Expansión. The move comes as the company approaches a possible sale.
Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors.
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
Supreme reportedly reached out to local residents in San Francisco's SoMa neighborhood in a letter of intent offering an informational community meeting pertaining to a proposed new store the brand wants to open in 2019.