Month: April 2021

Unilever Reports Robust Underlying Growth in Q1, Confirms Beauty Sale – WWD

[ad_1] LONDON – Unilever made strides in the first quarter of 2021 with underlying sales growing 5.7 percent to 12.3 billion euros, and the spinoff of its smaller beauty assets underway. The parent of brands ranging from Dove, Pond’s and Kate Somerville to Magnum and Ben & Jerry’s said Thursday that actual growth in the …

Unilever Reports Robust Underlying Growth in Q1, Confirms Beauty Sale – WWD Read More »

Luxury Accessories Rental Service Vivrelle Will Clear Its Waitlist – WWD

[ad_1] Luxury accessories membership club Vivrelle is plotting a significant expansion with a Series A funding round of $26 million. Founded in 2018 by husband-wife team Wayne and Blake Geffen, the company — which says it has thousands of users and a lengthy wait list but declined to specify further — said the investment will …

Luxury Accessories Rental Service Vivrelle Will Clear Its Waitlist – WWD Read More »

BTS Has Joined Louis Vuitton as Official Brand Ambassadors – WWD

[ad_1] Why dress one famous musician when a South Korean boy band shelters seven? Louis Vuitton has named BTS its latest brand ambassadors. “I am delighted BTS are joining Louis Vuitton today,” Virgil Abloh, men’s artistic director at Vuitton, said in a statement. “I am looking forward to this wonderful partnership which adds a modern …

BTS Has Joined Louis Vuitton as Official Brand Ambassadors – WWD Read More »

Xcel Brands Ups Its Buying Power – WWD

[ad_1] Xcel Brands Inc. has refinanced its existing credit facility providing additional wherewithal for future acquisitions. The refinancing, revealed Friday evening, provides an initial $25 million term loan under a facility jointly provided by BHI and First Eagle Alternative Credit LLC, and up to another $25 million for acquisitions, subject to lender approval. Separately, First …

Xcel Brands Ups Its Buying Power – WWD Read More »