Vision Investment Co. LLC, the Dubai-based investment vehicle of millionaire Hussain Sajwani, owner of real estate developer Damac Properties Group, will acquire Italian luxury fashion brand Roberto Cavalli. This ends weeks of speculation that saw several potential buyers, among them German fashion […]

In June, brands, retailers and innovative companies have shown that sustainability is no longer just a buzzword but is becoming an everyday reality. It is heartening to see that many denim companies are looking for environmentally friendly solutions and that brands are setting sustainable goals for […]

Ever wondered how denim manufacturers make their jeans achieve that vintage, worn look? Sandblasting is the most common way to do that, but the procedure is quite dangerous, as workers may inhale the sand particles. When the silica present in the sand builds up in the lungs and breathing passages, workers […]

Goodbye Kering, hello LVMH. Stella McCartney has teamed with the French luxury group just one year after splitting with its rival. LVMH has shared in a press release that details of the deal will be disclosed in full in September. However, it is has announced that McCartney will remain as creative director […]

Workers at seven of Amazon’s twelve warehouses in Germany are going on strike between Sunday evening and Monday, according to a press release by trade union Verdi. The date coincides with Prime Day, Amazon’s annual discount event. Under the motto “no more discount on our incomes”, workers will stage […]

Heist, the British start-up renowned for its break-through innovation and consumer-centric approach to underwear, has identified nude shades that are representative of women across the globe. Using insights from 100,000 women and data science to analyze swatches of skin tones from a dedicated microsite, […]

UK-based sustainable sourcing platform SupplyCompass has raised 1.5 million pounds (approximately 1.7 million US dollars) in seed funding led by early-stage venture capital investor Episode 1, with participation of Unicorn Ascension, Ascension Ventures, and Andy Chung and Philipp Moehring from AngelList. […]

Madewell is looking to go public in September, right after Labor Day. Citing anonymous sources familiar with the matter, Reuters reports that J. Crew Group is holding talks with investment banks to prepare for Madewell’s IPO. Back in April, the company announced it was considering the possibility of […]

French retail group Galeries Lafayette has joined forces with Mauboussin’s Chairman Alain Némarq to acquire the watch and jewelry brand for an undisclosed amount. The move signals Galeries Lafayette’s intention to grow in this segment, as the transaction is announced four months after the opening of […]

Reformation is going to Canada. The LA-based sustainable womenswear label has been acquired by private equity firm Permira Funds, who is opening Reformation's first Canadian store on Thursday, July 11. Permira Funds has significant experience backing popular consumer brands and helping these brands […]




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