Influencer marketing and commerce platform LTK (formerly known as LiketoKnow.it) has announced a round of funding that now values the US company at two billion dollars, due to a new investment by SoftBank Vision Fund 2. The 300 million dollar funding will aid in empowering talent and product development across the platform’s creator, brand and...
23 Nov 2021
Womenswear brand Spanx had announced that investment firm Blackstone has closed a majority investment in the business, at a valuation of 1.2 billion dollars, with the addition of a number of new investors also participating in the closing. Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded G9 Ventures, are among...
19 Nov 2021
H&M Group Business Ventures has announced its new global platform developed for the merchandise industry, Creator Studio, an on-demand printing service. The service will allow the creation of merchandise through technology, utilising made-to-order digital printing within an e-commerce setup. As stated in an announcement, the company said it is “...
4 Oct 2021
London-based fashion and sportswear software company, Unmade has announced it has received new investment from Maersk Growth, the corporate venture arm of the global leader in transport and logistics, A.P. Moller – Maersk. The investment will be used to help the company in three critical areas: smart logistics, enabled trade and sustainable...
24 Feb 2020
German designer Karl Lagerfeld has welcomed a new investor for his eponymous fashion house, namely G-III Apparel Group. The group, who acted as Lagerfeld’s joint-venture partner for his entry into the US, has acquired a 19 percent stake in Karl Lagerfeld Group through a capital increase, reported Women’s Wear Daily (WWD). The investment will...
26 Feb 2016
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