Delta Galil has signed a deal to acquire intimates online retailer Bare Necessities. No terms were disclosed but it said the transaction is expected to close in the next few weeks and be accretive to earnings next year.
One brand quietly winning a legion of fans since coming to show in Paris two years ago is Silvia Tcherassi. A highly sophisticated Colombian, Tcherassi was previously named Chevalier des Arts et des Lettres.
Children's subscription service Kidbox has formed its second Board of Directors of twelve entrepreneurial and philanthropic kids aged 8 through 14 who will consult on fashion business and social issues for the company.
Premium UK fashion brand Ted Baker has signed an exclusive new licensing agreement with Israeli’s Delta Galil Industries, the multi category manufacturer that is particularly strong in the intimates and denim sectors.
Delta Galil has named veteran retail exec Tim Baxter as the new CEO of 7 for All Mankind and Splendid. Baxter brings 25 years of experience at Macy's, most recently as the retailer's chief merchandising officer.
Titan Industries, footwear licensee for Badgley Mischka and Splendid, has announced Joel Oblonsky as its new CEO. Oblonsky brings twenty years of experience from Nine West Group, Polo Ralph Lauren and Nina Footwear.
Personalized kids subscription service Kidbox has secured $15.3M in Series B funding that will be used to expand the data science team and drive customer acquisition. The company's total funding raised to date is $28M.