Global luxury group Kering is building a new operations center in Wayne, New Jersey, to be opened in 2020. The space will be located at a 31.8-acre property and include an 80,000 square-foot office area, a 770,000 distribution center and a 17,500 square-foot repair center for its products. The new operations […]

Virgil Abloh's Off-White has found itself in some hot water with OffWhite Co., a creative service agency. The latter is claiming that its name, which it has used since its founding in the late 90s, is too close to the one that Abloh has used for his fashion brand, thus they have sued for trademark infringement. […]

Global sportswear brand Sergio Tacchini has announced a new ownership structure. entrepreneur Stefano Maroni, Twin Lakes Capital LLC and B. Riley Principal Investments LLC will now own and operate the company originally founded in 1966 tennis player Sergio Tacchini. Maroni will hold the position of […]

Sequential Brands Group, parent company of casual apparel brand Caribbean Joe, has signed several partnerships to expand the brand into three new categories: kids’ swimwear, women’s pajamas and loungewear, and men’s and women’s sportswear. The expansion is part of a brand relaunch strategy. “This relaunch […]

Launchmetrics, the data analytics firm for the fashion and beauty industries, has announced the release of a new tool, Insights by Launchmetrics, to help C-level executives decide where to allocate their marketing investments. Using Launchmetrics’ Media Impact Value (MIV) algorithm, which attributes […]

UK-based fashion software company, Unmade, has secured 4.75 million pounds (approximately 5.94 million US dollars) in a new funding round led by Octopus Ventures with additional funds from MMC Ventures, Felix Capital and existing investors. Founded in 2014 by Hal Watts, Ben Alun-Jones and Kirsty Emery, […]

It has come to light that German fashion brand The Strenesse New GmbH has filed for an order of temporary self-administration with the local court of Bavarian city Nördlingen already on June 26, 2019. “This procedure allows a smooth continuation of the business. … [and] offers the opportunity for realignment […]

Miami’s high-end shopping center Bal Harbour has secured 550 million US dollars in financing from MetLife Investment Management for its largest expansion project to date. Holiday Fenoglio Fowler (HFF) brokered the loan on behalf of borrower Whitman Family Development. 300,000 square feet will be added […]

Bloomberg has reported that Amazon could be facing some tough competition from rival Shopify. KeyBanc analyst Josh Beck said that his company's checks and bottoms-up segment suggest that Shopify's gross merchandise volume will rival Amazon's first-party sales. Beck actually raised his 2020 revenue estimate […]

Ermenegildo Zegna's luxurious knits are about to get a bit more luxe. The Italian luxury menswear company has bought a majority stake in knitwear producer Dondi. Ermenegildo Zegna has bought a 65 percent stake in the company, the value of which was not disclosed. Dondi is based in Fossoli in Central […]

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