The leading global platform for desirable second-hand fashion announces a new €178m (US$ 216m) financing round. Following a strong year that saw the platform’s transaction volume grow over 100% year-on-year, this financing round grants Vestiaire Collective unicorn status and ideally positions it for its next cycle of accelerated growth. Since its inception in … Read more
Kering Americas and The James Beard Foundation Support Gender Equity In The Culinary Industry. Kering Americas is pleased to announce a donation to the James Beard Foundation to support women-owned restaurants that have been impacted by the pandemic. The initiative was launched during the International Women’s Day. Restaurants owned by women are being disproportionately … Read more
The controlling shareholder of Kering Luxury Group continues expansion in fashion apparel and new categories with strategic investment in GOAT Group. GOAT Group (GOAT), the global platform for high-end products from the past, present and future, has secured a strategic investment from Groupe Artemis, the controlling shareholder of Kering, which is a world … Read more
Kering, the global luxury group, announced the opening of its new operations center in the United States in Wayne, New Jersey. The state-of-the-art office in Wayne, New Jersey replaces Kering’s former facility in Secaucus and will serve as the luxury company’s North American operations center. With the opening of offices in Wayne, Kering luxury … Read more
Kering, adidas, lululemon, and Stella McCartney are ushering in a more sustainable future for fashion via biotechnology. The future of sustainable materials Made from infinitely renewable mycelium, Bolt Threads’ Mylo is an innovative material that looks and feels like leather. Bolt Threads, the biotechnology company creating the next generation of advanced materials, announced … Read more
We’ve all heard stories about the Coronavirus pandemic, many of us may have even experienced this horrible virus, but you may not realize that luxury retail brands around the world are doing their part to help in the fight against it. LVMH has started producing hand sanitizer, Chanel’s factories are making face masks, … Read more