This week, the fashion industry's top headlines brought leading designers to a variety of locales, including Wall Street, courtrooms, auction houses, football fields and runways.At the top of the list, Kim Kardashian's SKIMS is reportedly engaged in a pre-IPO fundraising round from "mutual funds and family offices" that will value the only-four-year-old company at $4 billion USD. Meanwhile, Shein was accused of copyright infringement in new lawsuit citing RICO violations from three designers, wh...
SKIMS Eyes $4 Billion USD Valuation and Shein Faces RICO Lawsuit in This Week's Top Fashion News
Hypebeast - 14 Jul 2023 20:53
This week, the fashion industry's top headlines brought leading designers to a variety of locales, including Wall Street, courtrooms, auction houses, football fields and runways.At the top of the list, Kim Kardashian's SKIMS is reportedly engaged in a pre-IPO fundraising round from "mutual funds and family offices" that will value the only-four-year-old company at $4 billion USD. Meanwhile, Shein was accused of copyright infringement in new lawsuit citing RICO violations from three designers, wh...
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