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Apparel Company Mad Engine Acquires Mighty Fine, Seek More Growth and Expansion

Mad Engine LLC, a leading full-service apparel company, formally has announced the completion of its acquisition of Mighty Fine Inc. This was the fourth acquisition for the company last year, proving that continual growth and expansion is possible in a challenging retail climate. The company acquired Xtreme Worldwide Inc (its Canadian affiliate) in February, Lifted Research Group (LRG) in March …

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Shopin Acquires Stylit Data, Gains Powerful Asset to Strengthen AI Engine

Shopin, the first universal shopper profile  that delivers the most personal shopping experience on retailers’ websites using blockchain and artificial intelligence (A.I.) technology, recently announced the acquisition of Stylit’s database. The acquisition gives Shopin access to over 5.4 million data points of shopping preferences from style personality and clothing sizes to budget. This powerful asset of aggregate data will strengthen …

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Groupe Rocher Agrees to Acquire Arbonne International, Strengthens Portfolio of Strong Brands

Groupe Rocher  has just announced that it has entered into a definitive agreement to acquire Arbonne International, a leader in direct selling of botanically based beauty, personal care and nutrition products. Arbonne offers a wide range of vegan skincare, bath and body and makeup products.  Arbonne International, whose holding company is Natural Products Group (NPG), is headquartered in Irvine, California. NPG …

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FIGS Scores $65M in Funding to Revolutionize the Medical Apparel Industry

Female-founded medical apparel company FIGS raises $65 million in most recent investment round from Tulco, bringing total funding to date to $75 million. Founded in 2013 by Heather Hasson and Trina Spear, FIGS is transforming the healthcare experience by creating the highest quality medical apparel in the world and developing an unprecedented, branded ecommerce platform for medical professionals. Medical apparel …

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CHANGES ARE COMING!

We are pleased to be introducing a new version of the FashInvest Newsletter – WWD’s FashInvest Newsletter. If you are a current newsletter subscriber you will receive this new version in the upcoming week. Our goal with this new edition is to provide you, our valued, FashInvest community an updated product to learn about the latest news as it pertains to emerging companies, starts-ups and the financial institutions shaping the future of the fashion industry. Our current and prospective subscribers will find useful information about what is happening at the epicenter of fashion and finance. We hope you find the new look fresh and modern with meaningful content. Stay on the lookout!