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2 Sep

Lily Gunn Townsend Named President of R13

Lily Gunn Townsend Named President of R13
R13, the Recent York-based denim firm, has named Lily Gunn Townsend president. Most recently, she was with Michael Kors as vp of Collection ready-to-wear, accessories and footwear. She was at Kors for 17 years. At R13, she reports to Chris Leba, chief executive officer and inventive director. Gunn will oversee global wholesale, retail, manufacturing, and product development for R13 and Denimist. “I'm so excited to work with a visionary like Chris and support the R13 and Denimist teams on this time of evolution and global growth,” said Gunn. Leba founded R13 in Recent York City in 2009 with a premium denim focus, and the brand has since expanded to elevated ready-to-wear and footwear. The well-established brand has change into a staple to the ever-growing grunge...
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25 Aug

Lily AI’s Funding, SCAD’s New Dean, Penhaligon’s Royal Scent

Lily AI’s Funding, SCAD’s New Dean, Penhaligon’s Royal Scent
NEW FUNDING: Lily AI, a product attributes platform that ensures fashion companies and consumers speak the same language, has closed a $25 million Series B round. The round saw the participation of new and returning investors including Canaan Partners, Conductive Ventures, Sorenson Ventures and New Enterprise Associates. The new financial backing is meant to support the California-based start-up’s plans to grow its business further into mid-market retail e-commerce brands; branch out into home and beauty, and expand geographically, with an eye toward the U.K. and Europe. It also plans to offer further applications within the retail stack. Lily AI was created in 2015 by entrepreneurs Sowmiya Chocka Narayanan and Purva Gupta as an AI-empowered app with emotional intelligence for fashion shoppers, with initial...
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