Capri Holdings Limited, the parent company of luxury labels Jimmy Choo, Versace, and Michael Kors, is facing challenges after missing its quarterly profit estimate. Overall, the company’s revenue increased. However, sales for Michael Kors, Capri Holdings’ largest label, decreased from 1.13 billion USD […]

MiaDonna, the American company known for pioneering lab-grown diamonds, announced its status as a Certified B Corporation on Nov. 5. The company is now recognized for its “low-impact production practices, work-place processes, sustainable products, and purpose-driven business.” According to the announcement […]

Crocs Inc. has opened the doors to a new, 550,000 square foot distribution facility in the U.S. Located in Daytona, Ohio, this center will replace the company's current facility just outside of Los Angeles, California. The Ohio location will serve as the distribution center for all Crocs operations […]

Vince is expanding its portfolio of contemporary womenswear labels. The New York-based luxury apparel and accessories brand has announced the acquisition of Rebecca Taylor and Parker. Both Rebecca Taylor and Parker were previously owned by Sun Capital, a privately held global investment firm that also […]

WHP Global has signed a long-term licensing agreement with ONE Jeanswear Group to develop and distribute a contemporary denim line for the Anne Klein brand. The first collaboration under the new partnership is set to ship for fall 2020 and will be previewed during Market Week in New York. Price points […]

Jewellery brand Pandora has reported like-for-like improvements following its relaunch in the summer in Los Angeles, where it showcased its new company vision, “We give a voice to people’s loves – Passions, People and Places,” alongside an updated logo, monogram and signature colour. Pandora is stating […]

San Francisco-based luxury handbag and leather goods brand Senreve announced on Nov. 4 that it raised 16.75 million USD in Series A funding. This funding brings the company’s total capital raised to over 23 million USD, which has been raised in three years of business. According to an announcement from […]

Designer Zac Posen has shuttered his namesake fashion label House of Z, citing unable to timely find a strategic investor amid a struggling retail climate. The announcement to cease operations went into immediate effect, with Posen’s website and e-commerce platform being taken offline. The news comes […]

It only took a three-month long auction process, but Authentic Brands Group and B. Riley Financial Inc. are the new owners of Barneys New York. The deal results in most of the retailer’s stores closing and its name will be licensed to Saks Fifth Avenue. The 271.4-million-dollar sale was approved in […]

Eurazeo Brands, the consumer brands division of Global investment company Eurazeo, has announced the acquisition of a minority stake in Herschel Supply, the Canadian lifestyle brand best known for the Little America backpack. Herschel Supply has received a capital injection of 60 million US dollars […]

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