Liberty's sales rose and its losses narrowed in the year to February, it said this week. But since then, lockdowns have put it under heavy pressure and while its owners are supportive, times are tough for the flagship.
The deal will see Lorenzo drive the creative and business strategy for Adidas basketball globally, and will solidify the establishment and formation of the third pillar of the Fear of God house, Fear of God Athletics.
The Lehi, Utah-based boutique marketplace for womenswear, accessories, home decor and children’s fashion announced on Tuesday that it has received a $40 million growth investment from Tritium Partners.
The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc’s Google and Microsoft, months after the Chinese-owned short-video app was banned in the country.
Onward Luxury Group has been bought from the Onward group by its Italy-based management. Now called High Italian Manufacturing Co., it will continue to run the licensed business of labels like Rochas and Elie Saab.
Australia's antitrust regulator on Tuesday rejected a behavioural undertaking offered by Alphabet Inc-owned Google that sought to address competition concerns over its planned $2.1 billion acquisition of Fitbit.
The New York-based fashion group reported third-quarter earnings of $5.0 million on Monday, down from $.6.0 million in the prior-year period, as rent concessions helped to offset significant declines in sales.
The Eutopia (ex-Otium Capital) investment fund, owner of cosmetics brands, Oh My Cream! and Merci Handy, handbag brand, Polène, and mattress manufacturer, Tediber, has completed a first funding round worth €100 million.