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Licensing Company Sells Majority Stake in Isaac Mizrahi for $68 Million

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Retail holding company Xcel Brands has sold a 70 percent stake in the brand to licensing firm WHP Global, which also owns Anne Klein and Joe’s Jeans. from Business of Fashion https://ift.tt/EBdOb4i
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Victoria’s Secret Sales Fall But Beat Wall Street Estimates

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The lingerie brand reported net sales of $1.5 billion for the first quarter of 2022, a decrease of 4.5 percent compared to the same period the year prior. from Business of Fashion https://ift.tt/6uDmbnc
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Diesel Names Eraldo Poletto New Global CEO

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He will take over as global chief of OTB’s flagship brand on July 1. from Business of Fashion https://ift.tt/Q4yncDV
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Puig to Acquire Byredo

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The Spanish fragrance giant is taking a majority stake in the Swedish brand known for its crisp, minimalist branding and gender-free perfumes. from Business of Fashion https://ift.tt/EjKk7hI
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Puig to Acquire Byredo

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The Spanish fragrance giant is taking a majority stake in the Swedish brand known for its crisp, minimalist branding and gender-free perfumes. from Business of Fashion https://ift.tt/CLyBJ8o
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L Catterton Invests in India’s Sugar Cosmetics

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The private equity firm backed by LVMH and Group Arnault led the $50 million funding round in the Mumbai-based beauty brand. from Business of Fashion https://ift.tt/zWUGhsp
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Swiss Fragrance Maker Firmenich To Merge With DSM

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The manufacturer of perfumes including CK One, Flower by Kenzo, and YSL Black Opium will now be controlled by a Dutch health and wellness manufacturer, with combined revenues surpassing sector-leader Givaudan. from Business of Fashion https://ift.tt/WRqZzEj
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