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Strategic Partnerships

NBC Universal enters into $500 million strategic investment partnership with Snap Inc.

It has been a great end to a good week for Snap Inc., parent company of Snapchat. The media company’s much discussed IPO debuted on the New York Stock Exchange yesterday as its shares rose 44 percent, and now there’s even more news about the IPO. In a memo obtained by Re/code, NBC Universal CEO, Steve Burke, revealed that the company …

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Dee Ocleppo Hilfiger and Authentic Brands Group invest in Judith Leiber

Dee Ocleppo Hilfiger has acquired a minority stake of New York-based accessories brand, Judith Leiber, through a strategic partnership with Authentic Brands Group. Financial terms of the deal were undisclosed. As part of the investment, Ocleppo Hilfiger, fashion designer Tommy Hilfiger’s wife, will become co-owner, global brand ambassador and creative director of the accessories brand. “Dee’s style and creative influence will infuse …

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Evine Live just took on investment from fashion heavyweights

Evine Live Inc., a New York-based video e-commerce company has secured a strategic investment from two fashion heavyweights and a music executive. The company has announced the execution of a definitive agreement to sell $10 million of common stock at $1.68 per share, which was priced at a 10 percent discount to the previous 15-day average of the company’s stock. …

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