The New York-based brand management company announced on Monday that it is reviewing a range of strategic alternatives for the future of its business, and also revealed that its current CEO is stepping down.
The consumer brands group announced a significant expansion in its first-quarter net loss as impairment charges related to the sale of its Martha Stewart and Emeril Lagasse brands decimated declining revenues.
DSW and Authentic Brands Group have acquired the operations of Camuto Group for a combined sum of roughly $341 million, securing the Vince Camuto brand and footwear licenses for Jessica Simpson and Lucky Brand.
Authentic Brands Group LLC has announced it has entered into a definitive agreement to purchase a majority stake in the intellectual property of the Camuto Group’s proprietary brands in partnership with DSW Inc.
Children's subscription service Kidbox has formed its second Board of Directors of twelve entrepreneurial and philanthropic kids aged 8 through 14 who will consult on fashion business and social issues for the company.
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.