Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
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
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.