Investment news and archive

Temperley London raises 1.8 million pounds to support 'significant growth'

British fashion house Temperley London has managed to raise 1.8 million pounds in funding to help turnaround its business and transform Alice Temperley's brand into a fully-fledged luxury lifestyle label. The London Fashion Week stalwart raised the money through its existing shareholders in late 2017, which include banker Rupert Hambi and...

ManagementFeatured

Yu Holdings acquires minority stake in Mary Katrantzou ahead of push into China

London - Wendy Yu, the Chinese heiress turned investor, entrepreneur and philanthropist, has acquired a minority stake in designer fashion label Mary Katrantzou ahead of plans to expand the London-based brand in China. The investment in Mary Katrantzou was made through Yu's investment vehicle Yu Capital, the London-based investment arm of Yu...

ManagementFeatured

Victoria Beckham valued at 100 million pounds following 30 million pound investment

London - Followings news of Victoria Beckham’s high-profile collaboration with Reebok, comes news the singer turned designer is preparing to expand her fashion business after receiving a 30 million pounds cash injection from Neo Investment Partners. The private investment firm, which specializes in luxury brands such as Ami Paris, Tom Dixon and...

Report

Harrods prepares for 200 million pound renovation

London - Luxury department store Harrods is set to undergo its largest renovation in its 180-year history, as part of its wider three-year investment plan. The revamp project will see the department store further invest in its e-commerce and "entirely" redevelop the iconic building's shop floor in a bid to appeal to more Asian customers. No...

Report

Asos to ramp up investment scheme following strong international sales

London - Warehouse scandals in the UK seems to have done little to harm to online pure-player Asos sales, as the company reported a 52 percent increase in international sales during its Christmas trading period. Sales in Asos home market of the UK grew 18 percent to 244 million pounds for the four months to the end of December, as international...

Report

Thread raises 4 million pound investment

London - Thread, the London-based online personal styling and shopping service for men, has raised 4 million pounds in a Series B funding round led by venture and growth investor Beringea and existing investor Balderton Capital, to help boost its customer base. The latest investment round see the total funds raised by Threads hit close to 11...

Management

Farfetch raises over 75 million pounds for expansion push

London - UK luxury e-commerce platform Farfetch has set its sights on international growth after raising 110 million US dollars (75.6 million pounds) in a Series F funding round. The successful funding round, advised by Qatalyst Partners, was led by new investors Temasek, a Singaporean investment company, IDG Capital Partners and Eurazeo, as...

Business

G-III Apparel acquires 19 percent stake in Karl Lagerfeld Group

German designer Karl Lagerfeld has welcomed a new investor for his eponymous fashion house, namely G-III Apparel Group. The group, who acted as Lagerfeld’s joint-venture partner for his entry into the US, has acquired a 19 percent stake in Karl Lagerfeld Group through a capital increase, reported Women’s Wear Daily (WWD). The investment will...

Fashion

Aspinal of London to look for new investment

Aspinal of London, the luxury leather goods business, is looking to bring in a new investor to fund an international expansion plan. Whilst the brand is cleverly associated with being a British leather goods heritage company, it is in fact only 14 years old and set up by entrepreneur Iain Burton. The company has become synonymous with English...