Morgan Stanley news and archive

Authentic Brands Group reportedly eyeing up Lee Jeans sale

Authentic Brands Group, the intellectual property company that owns brands from Reebok and Champion, to Guess, Forever 21, and Herve Leger, is reportedly in discussions with Kontoor Brands Inc. to purchase Lee Jeans. Sources at WWD reported that Authentic Brands Group has been in exclusive talks to purchase Lee Jeans, but noted that a deal still...

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Cult Mia secures 2.5 million pounds in funding

London-based Cult Mia, the online marketplace for sustainable and conscious luxury fashion, has secured 2.5 million pounds in seed funding to "supercharge its growth". Founded in 2019 by entrepreneur Nina Briance, Cult Mia offers a values-driven curated marketplace for consumers to discover unique and limited-edition independent fashion from...

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Frasers Group seeks evidence from Morgan Stanley boss over margin call dispute

UK fashion conglomerate Frasers Group has confirmed that it has requested for New York court to secure evidence from the chief executive of Morgan Stanley, James Gorman, for a lawsuit it issued over a one billion dollar margin call. Frasers initially filed the related lawsuit against the bank in London’s High Court back in 2021, stating that the...