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Fashion

Spanx and Bala unveil active collaboration

Women’s lifestyle brand Spanx, known for its shapewear, has launched its first-ever active partnership with cult-favourite wellness brand Bala. The limited-edition ‘Spanx x Bala’ capsule collection aims to fuse “fashion and function,” and features four of Bala’s bestselling products, which have been customised to complement the autumn release of...

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Business

Spanx sells majority stake to investment firm Blackstone

Spanx has sold a majority stake to private equity firm Blackstone in a deal that values the US shapewear brand at 1.2 billion dollars. The Atlanta, Georgia-headquartered company said the acquisition will help accelerate its digital transformation, expand its global footprint, and add new categories. Spanx founder Sara Blakely will retain “a...

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