The digital-first beauty brand announced on Wednesday that it has raised $80 million in a Series E funding round led by Lone Pine Capital, an injection of capital that brings the company’s valuation up to $1.8 billion.
British clothing and food retailer Marks & Spencer is emerging from the Covid-19 crisis as a very different business that will surprise people with its financial performance, Chairman Archie Norman said on Tuesday.
A number of big clothing names have taken part in the latest funding round for Infinited Fiber Company with it having raised €30m in new capital from a group include existing investor H&M, plus Bestseller and Adidas.
Ralph & Russo's administrators are suing Tamara Ralph over alleged lavish spending “with no business justification” by the co-founders that they say hurt the firm's survival chances. She has denied the claims.
Sportswear group Intersport International has announced the sale of its sneaker chain The Athlete’s Foot and its 564 stores to Arklyz Group. The group, based in Switzerland, already owns sock supplier Intersocks.
Pants & Socks wants to raise £200,000. So the UK men’s intimates and hosiery online retailer has launched a campaign through crowdfund specialists Seedrs to build on its product offer and beef up its marketing effort.
Being a listed business has its advantages, but also means closer scrutiny and a need to respond to the interests of shareholders. Both long-time-listed JD Sports and newcomer THG have felt this keenly in recent days.