Agent Provocateur is being prepared for a possible sale according to press reports in the UK. The news follows the company’s private equity owner shocking the industry late last year as it reported accounting issues.
They were the breakout Korean beauty trend of 2016 that went mainstream, and it looks like sheet masks will be around for a while yet. Sales are expected to grow to US$336.7 million by the end of 2024.
The rental service company raised $60 million in funding led by Fidelity Management and Research Company. The company will put the funding towards accelerating growth in rental and retail among others.
A founder of Run-DMC on Thursday filed a lawsuit accusing Amazon.com Inc and Wal-Mart Stores Inc of selling a wide variety of clothing and accessories bearing the pioneering rap group's name without permission.
French cosmetics giant L'Oreal said on Tuesday it was investing in an early stage fund managed by private equity firm Partech Ventures, its second investment in digital and tech start-ups in less than a year.
Carolina Herrera is suing Oscar de la Renta in a case to be heard at the Supreme Court of New York. At issue is if designer Laura Kim was still under a non-compete clause when she switched over to Oscar de la Renta.