Acne Studios is bidding farewell to three equity funds. In their place, IDG Capital and I.T Group have acquired 41% of the company's capital, while Mikael Schiller and Jonny Johansson remain majority shareholders.
The second edition of the Green Carpet Fashion Awards will be held September 23 in Milan -- closing the city's Fashion Week -- with global celebrities Cate Blanchett, Julianne Moore and Cindy Crawford in attendance.
Actor Josh Brolin's wife, Kathryn Boyd Brolin, has launched a new sustainable denim label designed for tall women between 5'9" and 6'3". The line has already gained the attention of Cindy Crawford and Nicole Kidman.