The B2B wholesale e-commerce platform announced on Wednesday that it has received $15 million in Series C financing, funds that the company said it will put toward accelerating product innovation and growing its team.
London-based outlet malls giant McArthurGlen is to open its first luxury designer outlet to the west of Paris in 2021. The Designer Outlet Normandie will be its fourth centre in France after an investment of €150m+.
Inter Parfums on Monday reported its updated 2019 guidance, forecasting sales to grow by 6% next year to reach $705 million, as the New York company expects to reap the benefits of new fragrance drops.
Tapestry, Inc.'s Chief Financial Officer, Kevin Wills, has announced his exit from the company. He will remain in his role until February 8, 2019, while the company begins a search for a new CFO with Spencer Stuart.