The owner of brands including Umbro and Lee Cooper announced on Friday that it has entered into a definitive agreement to be acquired by an affiliate of Lancer Capital, a deal which values Iconix at around $585 million.
Daniel Wellington this week debuted its new Quadro collection, as it unveiled a brand-new ambassador, Tina Kunakey, for its watches in the latest moves from one of Scandinavia’s fastest growing accessories marques.
Buy-now-pay-later (BNPL) giant Klarna has raised new capital in a deal that not only values it at a massive $45.6bn but gives it a valuation as much as $14bn higher than its last fundraising round as recently as March.
Netflix Inc will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on "Stranger Things," "Lupin" and other popular shows, the streaming giant said on Thursday.
The NYC-based fashion group has announced that it achieved net sales of $57.5 million in the first quarter, up 47.5% from $57.5 million in the prior-year period, progress which allowed the company to reduce its loss.
Originally planned for August, the trade shows have been postponed to fall, with the Portland edition now set to run September 29 through 30, while the Boston event will take place October 4 through 5.
Italy's Marcolin Group has renewed in advance an exclusive license agreement with Guess for the design, manufacture and sale of Guess and Marciano branded spectacles, the eyewear company said on Thursday.