Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
investing
Financial Markets
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
Financial Markets
A $140 Billion Asset Manager Bets on H&M Rebound as Others Flee
Chicago-based Harris Associates LP increased its stake in H&M fourfold last year and currently holds more than 5 percent of the Swedish fashion retailer’s shares.
A $140 Billion Asset Manager Bets on H&M Rebound as Others Flee
Chicago-based Harris Associates LP increased its stake in H&M fourfold last year and currently holds more than 5 percent of the Swedish fashion retailer’s shares.
Financial Markets
Depop Secures $20 Million for US Expansion
The social shopping platform will use the new funding to open brick-and-mortar stores in New York and LA.
Depop Secures $20 Million for US Expansion
The social shopping platform will use the new funding to open brick-and-mortar stores in New York and LA.
Financial Markets
Mary Katrantzou Raises Investment to Boost Business in China
The London-based designer has raised a round of funding led by Chinese investor Wendy Yu, who is fostering an ecosystem of brands targeting China’s consumers.
Mary Katrantzou Raises Investment to Boost Business in China
The London-based designer has raised a round of funding led by Chinese investor Wendy Yu, who is fostering an ecosystem of brands targeting China’s consumers.
Financial Markets
Highsnobiety Raises $8.5 Million Venture Round
The influential streetwear site will use the new funding to scale its branded content, e-commerce and events businesses.
Highsnobiety Raises $8.5 Million Venture Round
The influential streetwear site will use the new funding to scale its branded content, e-commerce and events businesses.
Financial Markets
JD.com Will Invest over $3 Billion in 'Rustbelt' Regions
JD's efforts are aimed at upgrading industries and creating jobs and will include the construction of an e-commerce settlement centre that would create 9,000 jobs, the Xinhua news agency reported.
JD.com Will Invest over $3 Billion in 'Rustbelt' Regions
JD's efforts are aimed at upgrading industries and creating jobs and will include the construction of an e-commerce settlement centre that would create 9,000 jobs, the Xinhua news agency reported.
Financial Markets
OAMC Sells Stake to Onward Luxury Group
The strategic partnership will enable the French street-luxe brand to launch its own e-commerce operations, open its first retail store and expand into new product categories.
OAMC Sells Stake to Onward Luxury Group
The strategic partnership will enable the French street-luxe brand to launch its own e-commerce operations, open its first retail store and expand into new product categories.
Financial Markets
Tomorrow London Acquires Stake in A-Cold-Wall
The move comes as investors are increasingly drawn to the growth potential of streetwear.
Tomorrow London Acquires Stake in A-Cold-Wall
The move comes as investors are increasingly drawn to the growth potential of streetwear.
Financial Markets
Why Private Equity Is Still Chasing Fashion
Private equity firms are steering clear of traditional fashion brands, but those with disruptive models remain prized acquisitions.
Why Private Equity Is Still Chasing Fashion
Private equity firms are steering clear of traditional fashion brands, but those with disruptive models remain prized acquisitions.
Financial Markets
The Top 10 M&A Targets in Streetwear
Supreme’s partnership with private equity giant Carlyle is symbolic of streetwear’s high growth potential. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Streetwear
Supreme’s partnership with private equity giant Carlyle is symbolic of streetwear’s high growth potential. BoF identifies the top acquisition targets in the space.
Financial Markets
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
Financial Markets
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.