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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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Curated Shopping Group raises $5 million to online expand menswear service

Curated Shopping Group, a Berlin, Germany-based online menswear retailer that works with a stylist network, has raised $5.28 million in an equity funding round. The round was led by Berlin-based investment company Auden AG, who will be taking a 10.2 percent stake in the company. The ownership stake is being acquired against a direct capital investment of $4.23 million in parallel with …

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