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K-Fashion Platform Company Secures $130 Million in Series C Funding Led by KKR
Seoul-based company Musinsa debuted in 2001 and now offers thousands of designer and fashion brands, as well…
Kim Kardashian’s Skims Snags $4 Billion Valuation
The fundraising confirmed a WWD report last week and tees the company up for an IPO.
Retail Sales Gain as Consumers Keep Rolling On
Lower inflation and continued spending are fueling hopes that the economy just might make a soft landing…
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Richemont Shares Regain Ground After 10% Drop on Q1 Results
Richemont shares fell more than 10 percent on Monday after the company failed to hit sales projections in…
Richemont Sales Climb 14% in Q1 as Chinese Demand Flourishes
The luxury giant saw double-digit growth in mainland China and triple-digit growth in Hong Kong and Macau…
Burberry Q1 Results Reveal Gains in China, Pain in the U.S.
Burberry sales in mainland China were up 46 percent in the first fiscal quarter while in the Americas region…
Burberry Revenue Climbs 17% in Q1 as Chinese Demand Surges
Burberry's sales in the Asia Pacific region were up 36 percent, while the Americas region declined 8 percent.
Brunello Cucinelli Again Raises 2023 Sales Guidance
Cucinelli said he expected to close 2023 with growth in revenues of between 17 and 19 percent.
Kendra Scott Looks for New Investor
The company is working with bankers to bring in a fresh partner as its current minority investor Berkshire…
Swatch H1 Profit Leaps 56 Percent, Beats 2018 Half-year Record
The reopening of China and continued success of the Moonswatch contributed to strong growth across all…
Kim Kardashian’s Skims Chasing $4 Billion Valuation in Pre-IPO Round
Sources said the mega influencer's brand is in the process of raising fresh funds from mutual funds and…
Sana Jardin Raises a Further $2 Million, Sets Sights on U.S. Market
The clean fragrance is gearing for expansion and eager to extend its program for micro entrepreneurs to India…
Tamburi to Raise Stake in IDB Parent Company
The Italian merchant bank will exercise its option to increase its participation in Investindesign Srl by 20…
Shein, Belle of the Wall Street Ball? Maybe
How the fast-fashion giant navigates the promises and perils of a potential IPO will help set its course for…
La Perla Resolves Winding-up Petitions With New Funds
The luxury lingerie brand has been working to pay off a series of outstanding debts in the U.K. and is…