1 month ago | By Fashion United

Image: Hotter Shoes, Facebook
Unbound Group, the parent company of British footwear retailer Hotter Shoes, has announced the first 14 partner brands to join its newly launched multi-brand platform.
Apparel brands joining the line-up are Rohan, Asquith of London, Boody, Noa Noa, Part Two, Kaffe, Soaked in Luxury, Cream, and Lakeland Leather.
While in footwear, the brands are Birkenstock, Muck Boots, Geox, Skechers, and Hush Puppies.
Unbound Group, formerly called Electra Private Equity, repositioned itself earlier this year as an online-first multi-brand retail platform targeted at the 55+...
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Activated silk manufacturer secures 120 million dollar funding

1 month ago | By Fashion United

Image: Gentrue x Evolved By Nature
Evolved By Nature, a company developing a library of Activated Silk molecules, has announced it has closed a 120 million dollars Series C funding round, led by Teachers' Venture Growth and Senator Investment Group.
The financing also had participation from Chanel, as well as Mousse Partners, Jeff Vinik and The Kraft Group, previous investors in the firm.
The company produces Activated Silk molecules from natural silk protein, developing renewably sourced sustainable chemicals and bioactive ingredients that can be used throughout apparel and personal care...
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The Lycra Company announces new ownership

1 month ago | By Fashion United

Image: The Lycra Company, CEO Julien Born
Textile fibre manufacturer The Lycra Company has announced that a group of financial institutions have gained full control of the company after a series of enforcement actions against its previous owner, Ruyi Textile and Fashion International Group Limited.
The group, comprising Lindeman Asia, Lindeman Partners Asset Management, Tor Investment Management and China Everbright Limited, collectively referred to as ‘New Shareholders', took action following a number of loan defaults associated with Ruyi's purchase of Lycra back in January 2019.
In a...
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