CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
funding
China
News Bites | First Look at Givenchy Childrenswear, Flowerbx Funding, The Webster x Lane Crawford
In today's News Bites, a first glimpse of Givenchy childrenswear, Flowerbx closes a £1.5 million seed-plus round and The Webster partners with Lane Crawford.
News Bites | First Look at Givenchy Childrenswear, Flowerbx Funding, The Webster x Lane Crawford
In today's News Bites, a first glimpse of Givenchy childrenswear, Flowerbx closes a £1.5 million seed-plus round and The Webster partners with Lane Crawford.
News & Analysis
Mother of Pearl and Palmer Harding Win the 2017 BFC/Vogue Fashion Fund
The organisation decided to “spread the benefit” of the prize to two labels this year.
Mother of Pearl and Palmer Harding Win the 2017 BFC/Vogue Fashion Fund
The organisation decided to “spread the benefit” of the prize to two labels this year.
News & Analysis
5 Lessons in Building a Fashion Business
Since its inception in 2011, the BFC's Fashion Trust has awarded nearly £1 million to 32 designers. Recipients of the grant tell BoF about the lessons they have learnt.
5 Lessons in Building a Fashion Business
Since its inception in 2011, the BFC's Fashion Trust has awarded nearly £1 million to 32 designers. Recipients of the grant tell BoF about the lessons they have learnt.
News & Analysis
As ‘Re-commerce’ War Rages, Vestiaire Collective Arms Up with $62 Million Raise
Vestiaire Collective will use the funding to fuel expansion into new markets and reinforce customer acquisition amidst competition from The RealReal, Tradesy and others.
As ‘Re-commerce’ War Rages, Vestiaire Collective Arms Up with $62 Million Raise
Vestiaire Collective will use the funding to fuel expansion into new markets and reinforce customer acquisition amidst competition from The RealReal, Tradesy and others.
News & Analysis
Where Have All the Unicorns Gone?
The number of fashion start-ups reaching billion-dollar valuations has dropped off in 2016. BoF examines why fashion 'unicorns' have become an endangered species.
Where Have All the Unicorns Gone?
The number of fashion start-ups reaching billion-dollar valuations has dropped off in 2016. BoF examines why fashion 'unicorns' have become an endangered species.
Technology
Rocket Internet-Backed Global Fashion Group Raises $364 Million
Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro funding round for its startup Global Fashion Group, completing a deal first announced in April.
Rocket Internet-Backed Global Fashion Group Raises $364 Million
Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro funding round for its startup Global Fashion Group, completing a deal first announced in April.
News & Analysis
UK Fashion Could Lose Millions in EU Funding
Post-Brexit, UK fashion businesses, universities and organisations like the British Fashion Council could lose access to hundreds of millions of euros in EU funding.
UK Fashion Could Lose Millions in EU Funding
Post-Brexit, UK fashion businesses, universities and organisations like the British Fashion Council could lose access to hundreds of millions of euros in EU funding.
Financial Markets
Alibaba-Backed Paytm Says It Has Enough Funds for Five Years
One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”
Alibaba-Backed Paytm Says It Has Enough Funds for Five Years
One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that is “predictable.”
News & Analysis
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Saverin-Backed Orami Raising More Funds for E-Commerce Deals
Orami, a female-focused Indonesian e-commerce operator, is raising new funds for acquisitions just months after a $15 million financing round backed by Facebook Inc. co-founder Eduardo Saverin.
Financial Markets
Alibaba Affiliate Ant Financial Closes $4.5Bn Funding Round
Alibaba Group Holding Ltd's affiliate Ant Financial Services Group has closed a $4.5 billion funding round, paving the way for a long-expected IPO.
Alibaba Affiliate Ant Financial Closes $4.5Bn Funding Round
Alibaba Group Holding Ltd's affiliate Ant Financial Services Group has closed a $4.5 billion funding round, paving the way for a long-expected IPO.
The News in Brief
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.