In a surprise move, Frasers Group announced on Wednesday that it has acquired Missguided, the online fast-fashion business that went under earlier this week.
WHP Global announced on Tuesday it has entered into an agreement with Xcel Brands, which will see the brand management firm acquire a 70% stake in fashion brand Isaac Mizrahi from the media and consumer products firm.
Victoria's Secret announced on Tuesday revenues for the first quarter fell almost 5%, on the back of plummeting comparable sales, as earnings were slashed during the three-month period, coinciding with inflation costs.
California-based sustainable skincare brand Junoco announced on Tuesday that it has raised $6.3m in Series A funding.
French beauty group Clarins has redesigned the myBlend skincare brand with a focus on nutricosmetics, dermocosmetics and beautytech, a positioning that will be reflected in a new store opening in Paris in September.
The Spanish fashion and beauty company has announced the acquisition of a majority stake in the Byredo, the Swedish luxury brand founded by Ben Gorham in 2006. The amount of the transaction has not yet been disclosed.
In the rapidly growing Indian cosmetics market, beauty brand Sugar Cosmetics has just raised $50 million. This financing round was led by L Catterton's Asia fund.
The French investment firm has acquired a minority interest in the premium skiwear and lifestyle label through its funds Mirabaud Patrimoine Vivant and Mirabaud Lifestyle Impact & Innovation.
Frasers Group’s still-new CEO hasn’t wasted time in his few weeks at the helm and has shaken up the senior team to speed up the group’s strategy.
Lots of reasons have been put forward for Missguided’s failure with some saying that it signals the demise of fast fashion. But an analyst said the real reason was more straightforward and a common problem.
According to a new report by Hey Discount, the most influential celebrity brand on Instagram is KKW Beauty, owned by Kim Kardashian, with five million followers.
The Colombian botanical cosmetics brand, Loto del Sur, caught the attention of the Puig group in 2019, when they acquired a minority stake in the brand. Its founder, Johana Sanint revealed her plans for the future.
The company expects to close the year with a year-on-year increase in sales of 45%. In the first three months of the year, its womenswear line posted a 50% increase in comparable sales.
Chinese group Anta Sports bought the Fila group's franchised brands for China, Hong Kong and Macao in 2009, and in 2021 the Italian sportswear brand’s revenue in the region reached CHY21.82 billion ($3.37 billion).
The L’Oréal group has recently announced the launch of the ‘Bold Female Founders’ venture capital programme, designed to support women-led start-ups.
