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.
The Miami-based apparel group announced on Wednesday that it has entered into a license agreement with Rosega S.A. for the design and distribution of men’s dress shirts under the Manhattan brand in Argentina.
Boohoo.com went from strength to strength last year as sales doubled and profits surged. And its short-term aim of being a £1bn op is dwarfed by its longer-term goal of leading the e-tail market with £3bn in sales.
Kering shares rose to record highs on Wednesday after booming Q1 sales growth at the French luxury company, as red-hot demand for its Gucci clothing and handbags was joined by other labels such as Balenciaga.
French luxury conglomerate Kering scored a striking 27.1 percent growth in first quarter revenues, led by Gucci's near 40% explosion in sales. Problem child Bottega Veneta, however, suffered a further fall in revenues.
Warpaint London had good news Tuesday and it was news that underlined just how fast the make-up company is growing. It has been given the Queen's Award for International Trade for outstanding growth in overseas sales.
It looks like womenswear chain East will close with administrators having so far failed to find a buyer. Although a last-minute deal isn't out of the question, according to its administrators, time is fast running out.