CNBC has reported that Warren Buffett's Berkshire Hathaway has increased its stake in Amazon by 11 percent, now worth 947 million dollars. Berkshire now owns 537,300 shares of Amazon. Buffet announced his initial investment of Amazon back in May, but clarified that they were bought by someone in his […]

Norwest Venture Partners has announced it has made a growth equity investment in Vuori, a performance apparel brand based in Encinitas, California. Vuori is profitable and has experienced rapid growth since its founding in 2015. Jon Kossow, managing partner at Norwest, will join Vuori's board of directors […]

BACKGROUND On 18th August 1949, founder Adi Dassler's company Adidas was entered into the commercial register. 70 years later, the number of employees worldwide has multiplied from 47 at that time to 57,000 today, and the small business in Herzogenaurach in Franconia, southern Germany, has become a […]

Everyone wants a slice of the Chinese market - be it in China or through Chinese customers outside their home country as Chinese consumers are still spending, despite the slowing economy and an ongoing trade war with the United States. Spanish department store chain El Corte Inglés - the largest one […]

Ted Baker has entered into a new product licence agreement with Next Plc to expand its childrenswear offerings. The company said that its current childrenswear product relationship with Debenhams will end on February 29, 2020, however, Debenhams will continue to remain a licence partner for lingerie […]

Iconix Brand Group, Inc. has been expanding its licensing agreements. Shortly after announcing new licensees for its Danskin and London Fog brands, the owner of a growing portfolio of consumer brands has named a new footwear licensee for Rampage. Titan Industries, Inc. will design, manufacture and distribute […]

Austrian jewellery company Swarovski apologised Tuesday for "hurting the feelings" of Chinese people after calling Hong Kong a separate country on its website, becoming the latest luxury brand to come under fire in China. The apology from the jewellery brand came a day after several other luxury retailers […]

New Look Vision Group Inc has confirmed that it has acquired an equity interest in Topology, a San Francisco-based leader in custom-tailored eyewear. The investment will allow New Look Vision Group exclusive rights to retail Topology products in Canada and other selected markets, with the first products […]

Tory Burch is expanding its beauty offerings. The American lifestyle brand has formed a long-term licensing partnership with Japanese cosmetics company Shiseido. Beginning January 1, 2020, Shiseido will have the exclusive license to develop, market and distribute Tory Burch beauty brands worldwide. […]

Steve Madden Ltd. has acquired Greats, a Brooklyn-based online shoe company selling Italian-made sneakers. Greats shoes are typically priced between 159 and 179 dollars, and have seen growing traction over the past several years as casual shoes become acceptable workwear for the office as well. Greats […]

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