Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.

Former Nasty Gal executive and angel investor Deborah Benton has launched a new fund with investor Amanda Schutzbank, aimed to set founders up for long-term success in a competitive digital landscape.

The direct-to-consumer brand known for its promise of radical transparency has come under fire this year, but a new cash infusion led by LVMH-linked L Catterton is a stabilising endorsement.

While funding hasn’t completely vanished, investors are becoming more discerning with their cash. BoF unpacks how start-ups can raise capital during a global pandemic.

Money for fashion’s start-up scene hasn't dried up entirely, but investors say they are backing concepts that cater to shoppers who are hyper-aware of their finances, health and the planet.
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The fashion rental company is said to be seeking at least $25 million in a funding round, which would value the startup at about $750 million.

The British fashion house is the latest victim of a troubled couple of years for UK retailers, with sales hit by store closures and a worsening consumer mood.

The luxury online marketplace says it will use the money to expand in China.

The e-commerce giant raised an additional HK$13.17 billion after its landmark listing last month, the city's largest share sale in nine years.
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The online retailer, which caters to Burning Man fans and TikTok ‘E-Girls,’ plans to strengthen its e-commerce experience, add new brands and expand its international presence.

The Jakarta-based company, backed by SoftBank and Alibaba, is looking to US internet companies and existing investors for a pre-IPO funding round, according to sources.

The direct-to-consumer lifestyle brand has secured its first financing round ahead of the launch of its baby vertical, months after branching into leisure apparel.

The Los Angeles-based, direct-to-consumer shoe label has a new investor and a new plan to fix fashion’s broken supply chain.
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Current president Debi Chirichella will be Hearst Magazine’s next chair.