Wexner Owns Just 2 Percent of L Brands After $2.7 Billion Selling Spree

Wexner Owns Just 2 Percent of L Brands After $2.7 Billion Selling Spree

Les Wexner spent more than five decades building the apparel business he founded with a $5,000 loan from his aunt into one of the world’s biggest fashion retailers. Now, in just a matter of months, the Ohio billionaire has almost completely severed his ties with L Brands Inc., the owner of Victoria’s Secret and Bath & Body … Read more

Arizona guard Justin Kier starts selling “JK” brand apparel as NIL opportunities open up | Bruce Pascoe’s blog

Arizona guard Justin Kier starts selling "JK" brand apparel as NIL opportunities open up | Bruce Pascoe's blog

During an interview at McKale Center on July 1, the day the NCAA began allowing athletes to pursue NIL opportunities, Kier said he was exploring them and making sure he didn’t make any mistakes. Kier said he knew he was at a disadvantage because he wasn’t yet well-known at Arizona after transferring from Georgia in … Read more

ByteDance starts selling TikTok’s AI to other companies

ByteDance starts selling TikTok’s AI to other companies

ByteDance is selling some of the artificial-intelligence technology that powers its viral video app TikTok to websites and apps outside China, as it broadens its revenue streams ahead of a long-anticipated initial public offering. A new division called BytePlus quietly launched in June and already lists customers all over the world, including in the US. … Read more

Rising Entrepreneur and Best Selling Author Dr. Hakeem Collins Launches Fashion Brand in a Pandemic

Rising Entrepreneur and Best Selling Author Dr. Hakeem Collins Launches Fashion Brand in a Pandemic

Luxury Italian style shoes and clothing couture for women and men. Hakeem Collins is the founder of Chriōuture also known as Chriō, a new fashion luxury couture clothing and shoe line based in Wilmington, Delaware. He is an inspiring up-and-coming serial and fashion entrepreneur who has a vision to create a unique world class clothing … Read more

Nike, Zara, H&M amongst Western brands accused by China of selling substandard products amid Xinjiang row

Nike, Zara, H&M amongst Western brands accused by China of selling substandard products amid Xinjiang row

China’s General Administration of Customs listed 81 batches of imported children’s clothing products for quality and safety risks spotted during examinations from June 2020 to May 2021, involving garments, toys, toothbrushes, shoes and baby bottles. Photo: Xinhua Source link

Mosaic Brands fined $630,000 for selling dodgy masks, hand sanitiser

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Fashion giant Mosaic Brands has been slapped with a $630,000 fine for misleading customers and selling dodgy health products during the pandemic.The Noni-B and Rivers owner must also refund customers who bought its hand sanitiser and face masks during 2020, under an agreement signed with the Australian Competition and Consumer Commission.The ACCC found Mosaic, Australia’s largest … Read more