Brazilian shoemaker Dass Nordeste on Monday announced plans to raise around 1 billion reais ($300 million) in an initial public offering, joining a handful of companies trying to bring back last year’s momentum.
Soap opera star Susan Lucci is launching a new eight-piece activewear collection this week on QVC. The line includes printed tights, tanks, tops, and hoodies. Lucci previously sold pilates equipment and videos on OVC.
After the collection saw strong demand in Asia, the American footwear brand is bringing its range of D’Lites featuring characters from Toei Animation Inc.’s hit anime series to North America in summer 2018.
Alessandro Michele’s Gucci makeover continues to keep the brand in top spot when it comes to desirability, and Rihanna is the top influencer, while sleeves have replaced shoulders as the statement zone this year.
Equistone Partners Europe, one of the continent’s major mid-market private equity investors, is buying a controlling stake in German multichannel streetwear and hip-hop retailer DefShop for an undisclosed sum.
Part of the Printemps group, the youth retailer will open a 1,700 square metre store on the famous avenue. The outlet looks to reach a more international clientele, as well as attracting more women through its doors.