Featured Posts

To top
Title Image

Venture Tag

26 Jan

Beach House Launches Enterprise Arm

With annual revenue set to surpass $250 million this yr from their homemade brands, Beach House Group is branching out. The Los Angeles-based brand incubator chargeable for Pattern with Tracee Ellis Ross, Moon Oral Beauty with Kendall Jenner and Odell Beckham Jr. and Florence By Mills with Millie Bobby Brown is moving into investing in what it describes as a non-traditional route with the launch of Beach House Ventures. Unlike the strategics’ enterprise funds that are mainly widely spread across small, minority and hands-off investments, Beach House Ventures will make most often majority investments and plans to be very hands-on. Investments are expected to on average range between $2 million and $10 million per brand. “We just feel we might be rocket fuel...
Continue reading
12 Dec

The whole lot to Know About SoulCycle Cofounders Next

“If AA, church and SoulCycle had a baby, I at all times say it will be Peoplehood,” said Julie Rice of her recent business enterprise. After exiting SoulCycle, the corporate she cofounded with Elizabeth Cutler in a former dance studio on the Upper West Side that skyrocketed to grow to be a world phenomenon, the duo is gearing as much as launch their second business together — Peoplehood. The concept behind the brand new business is teaching people tips on how to achieve success in all kinds of relationships and work on connections through 60-minute classes that encompass breath work, music, stretching and also you’ve guessed it — conversations. “What you get the chance to do if you’re there may be process your...
Continue reading
8 Apr

Galeries Lafayette Forms Joint Enterprise With China’s Hopson Group

SHANGHAI — Galeries Lafayette, the French department store chain with three stores in China, is able to scale up with a three way partnership with Hong Kong-listed real estate operator Hopson Group. Under the terms of the agreement, Galeries Lafayette will open a complete of three recent stores this yr, in Shenzhen, Chongqing and Macau, with a goal of reaching 10 stores by 2025, it said in a press release on Thursday. The deal marks the tip of Galeries Lafayette’s decade-long partnership with Hong Kong retailer I.T, which began with a Beijing store that opened in 2013 and a Shanghai location 4 years later. Hopson Group will take over the I.T-operated stores starting this month, but I.T will proceed to operate shops-in-shop...
Continue reading
1 Jan

EXCLUSIVE: Lizzo’s Next Enterprise in Bras

Lizzo is discussing the contents of her underwear drawer.  There are plunge bralettes, high-waisted briefs, bodysuits and thongs in shades of neon lime green and rosé, in addition to black, brown, nude and white under things. The assortment is a recent collection called Smooth Reality, a part of the singer’s fashion brand Yitty. It’s also the primary time the shapewear, activewear and loungewear business has fully ventured into intimates with its own collection. The assortment is dropping this month.  Bras and underwear from Yitty’s recent Smooth Reality collection. Courtesy Photo Melonee-R-01 “I’ve been wearing it for awhile now, because, you already know, lucky me, I get to wear all of the prototypes and stuff,” Lizzo told WWD over the phone from her home in...
Continue reading