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Drake’s October’s Very Own secures investment from A.R.I.

Canadian lifestyle brand October’s Very Own (OVO), founded by Aubrey ‘Drake’ Graham, Oliver El-Khatib, and Noah ‘40’ Shebib, has received a capital injection from US-based investment firm Applied Real Intelligence (A.R.I.) to support the brand’s global expansion plans. In a statement, A.R.I., which specialises in growth financing for...

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Ebay expands Circular Fashion Fund across Europe and North America

Online marketplace Ebay is expanding its Circular Fashion Fund’s reach across Europe, Switzerland, and Canada, building on its established presence in the UK, Germany, Australia, and the US, as it looks to fund innovative solutions that extend the life of clothing and reduce textile waste. The annual programme, first launched in 2022, is...

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Saks files for bankruptcy protection, Geoffroy van Raemdonck appointed CEO

Saks Global has officially succumbed to bankruptcy. The US luxury retail group has commenced voluntary chapter 11 proceedings in the US Bankruptcy Court for the Southern District of Texas. The company, which owns Saks Fifth Avenue, Saks Off 5th, Bergdorf Goodman and Neiman Marcus, has said its stores will remain open for now. The filing intends...

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Vingino Group CEO sees bright future after deal with US-based Centric Brands

The news of the acquisition of the Dutch Vingino Group only broke in early December 2025, but the deal had been in the works for months, as FashionUnited learned when speaking with group CEO Jan van den Berg. The American company Centric Brands is the new owner of the group and its brands, Vingino and Raizzed, following the acquisition of 100...

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