Equity news and archive

Tiffany & Co. launches new social impact platform

Luxury jeweller Tiffany & Co. has launched the ‘Atrium’ platform, a social impact platform aimed at advancing opportunities for “historically underrepresented communities,” to host its diversity, equity, and inclusion initiatives. The platform has been developed to “inspire connection and social change,” explains Tiffany’s, as it looks to create...

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Creatives Want Change calls on Black teens to apply for fashion scholarship

“I am a unicorn. I should not be here,” says Randy Cousin, SVP of Product Concept and People’s Place program at Tommy Hilfiger, of being a Black creative in the fashion industry. During last summer’s Black Lives Matter uprising while in conversation with friend Joe Medved, founder of recruiting firm Joe’s Blackbook and the annual scholarship...

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Apparel

Versace to sell stake in fashion house

Italian fashion house Versace is expected to put up to one third of it's company stake on sale in a bid to secure further investment. Versace has appointed private equity firms to make bids, however any new shareholder will have to make do with the Versace family, who are still largely active in both its creative and business operations. Versace...

Fashion

Equity turns fashionable

From investment banks to social networks gurus, all of them have something in common: their interest in fashion. Money has always been fashionable, but investing in something more than a covetable wardrobe is turning to be a trend that arrived to stay.Even more equity and investment firms are looking for opportunities to enter the fashion...