Business |Beauty

Jake Paul's personal care brand W secures 14 million US dollars in funding

W, the men’s personal care brand founded by content creator and boxer Jake Paul, has raised 14 million US dollars in seed and series A funding, led by Shrug Capital. The men’s vitamin-infused body care brand launched in June exclusively at Walmart and Walmart.com, to offer Gen Z men a “much-needed upgrade to their personal care routines” at an...

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Fashion

Susan Fang named the next 'Supported by Dolce & Gabbana' designer

London and Shanghai-based Canadian Chinese designer Susan Fang has been named the next designer to take part in Italian fashion house Dolce & Gabbana’s emerging designer programme. The 'Supported by Dolce & Gabbana' initiative, which has previously supported Miss Sohee, Matty Bovan, Tomo Koizumi, Karoline Vitto and Feben, will work with Fang to...

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Business

Slump in luxury spending slows LVMH sales growth

LVMH Moët Hennessy Louis Vuitton recorded revenue of 41.7 billion euros in the first half of 2024, achieving organic growth of 2 percent but down 1 percent reported. In the second quarter, organic revenue growth was 1 percent. The luxury conglomerate said in a statement that the growth continued over the first half period despite a geopolitical...

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Fashion |Opinion

The founder's dilemma: evolving luxury brands beyond their creators

The luxury fashion landscape is in constant flux, with the departure of founding designers presenting a formidable challenge, particularly for younger brands. As Tom Ford navigates a pivotal transition following Peter Hawkings' brief tenure as creative director, it joins the ranks of houses like Helmut Lang, Martin Margiela and Jil Sander in...

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