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LVMH announces 2017 Prize for Young Fashion Designers shortlist

The 21 LVMH Prize semifinalists

LVMH has announced the 21 semifinalists for its annual Prize for Young Fashion Designers. The luxury group chose from 1,200 candidates – its highest number of applications yet. The semifinalists hail from Australia, Denmark, France, Germany, Ireland, Japan, Korea, New Zealand, Russia, Spain, Taiwan, Turkey, the United Kingdom and the United States. This year’s group of semifinalists is set apart …

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Snap Inc. launches Snap Spectacles to the public

Snap Inc., formerly known as Snapchat, has released its latest invention, video recording sunglass coined, Snap Spectacles , to the public. The product retails for $129.99 in the U.S. on the company’s website and were recently only available through Snapbot vending machines and pop up stores in New York City. Spectacles look like any regular pair of sunglasses, but they …

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Rapsodia takes on growth capital investment from L Catterton

Rapsodia, women’s apparel and lifestyle brand based in Latin America, has received a growth capital investment from L Catterton. Financial terms of the transaction were not disclosed. “We see tremendous potential in Rapsodia, which has proven to be one of the few apparel brands in Latin America that has been highly successful across multiple markets,” Julio Babecki, partner at L Catterton …

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CFDA/Vogue Fashion Fund announces designers for ‘Americans in Paris’

The Council of Fashion Designers of America and Vogue have announced the nine designers who will be participating in the 12th round of the “Americans in Paris” initiative. These select CFDA/Vogue Fashion Fund finalists will travel to Paris to show their fall collections in the showcase. The chosen designers are — Laura Vassar Brock and Kristopher Brock of Brock Collection, 2016 CFDA/Vogue …

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