Venture Guides’ Post

🎉 Thrilled to see this powerhouse partnership forming! 🎉 S&S Activewear, led by the visionary Frank Myers (#26 of Power 50 list Advertising Specialty Institute), is joining forces with alphabroder, helmed by industry titan Dan Pantano (#8 Power 50 list) . By combining their strengths, S&S Activewear and alphabroder will create a behemoth capable of redefining the industry landscape. Increased investment in product innovation, expanded supply chain capabilities, and a relentless focus on customer experience will undoubtedly set a new standard. This strategic move will not only benefit the two companies but also drive positive change for the entire apparel ecosystem. Faster delivery times, wider product selections, and reduced environmental impact are just some of the perks we can expect. Let's applaud Frank Myers and Dan Pantano for their leadership and vision. This partnership is a testament to their commitment to driving industry progress. #apparelindustry #merger #supplychain #innovation #customersuccess #industryleaders #ssactivewear #alphabroder #frankmyers #danpantano #power50 #business #growth #printingindustry #ASI

Exciting developments in the business landscape! Frasers Group is currently in discussions to acquire Matchesfashion, signaling a strategic move in the industry. Sources suggest that Frasers Group and a select few engaged in talks this week, with notable interest from fashion giant Next as well. The potential acquisition, estimated at over £50m, is anticipated to be a solvent transaction, according to insiders. Despite Matchesfashion's improved performance under CEO Nick Beighton, the impact of the global luxury goods revenue slowdown remains a factor. Stay tuned for further updates on this intriguing business venture! #BusinessNews #AcquisitionTalks #FashionIndustry

The Business Secrets Of Lenskart, Zudio, Comet, Neemans, Caratlane, FabIndia & BlissClub Video description: "All these fashion brands that you see on the screen together make more than ₹19-20,000 Crore in yearly revenues. All of them are category-disrupting brands that have transformed the Indian fashion market. These are brands in clothing, footwear, and jewelry, and even eyewear, for that matter. So if you’ve been curious about how to build a fashion brand from scratch in India, then this video is for you, as we’ll cover a mix of strategy insights used by not just BIG legacy brands with large scale but also hyper-growing D2C startups." #entrepreneurship #business #startups #products https://lnkd.in/gV4S7eYz

From radical transparency to rebrand. The remaking of Everlane is today's lead story in The Business of Fashion. And when Malique Morris picks up the phone, you know it’s going to be a great conversation. He asks the big questions, and always has a long-term lens on a brand. A must-read that unpacks: ➡ The wider context behind a brand that came unstuck in the gaps between perception and performance, expectation and experience ➡ How Everlane is setting a new course ➡ Rebuilding trust and establishing new #cultural #relevance ➡ Addressing the focus required to see it through under a new North Star of #leadership 💡 Importantly this raises a debate on what #sustainable #growth looks like – is the ultimate ambition really about more $1bn brands, or around more sustainable trajectories and ecosystems of growth? https://lnkd.in/e8pEGZtz   #brands #brandstrength #brandequity #culture #creativity #collaboration #rebrand #relevance #generations

Shocked by this. Curious what my industry friends think of this. Does this help or hurt the small players entering the field? Does this acquisition help grow the industry? Does it lead to new ideas? While the industry’s largest supplier SanMar is also our largest supplier partner, we also try hard to share the wealth with smaller suppliers entering the space. One in which we are trying to grow with this year is KNOSS Apparel. I look at this acquisition through an entrepreneurship lens. I’m cautious about what this means for the broader industry as a whole. https://lnkd.in/g68WuDez

Breaking: Frasers Group is close to acquiring online luxury platform Coggles.com from THG, Drapers understands. Read the full story below. #frasers #THG #frasersgroup #coggles #fashion #fashionnews #retail #retailnews

Lenskart.com, the popular eyewear retailer, has recently secured nearly $20 million in funding from its co-founders Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi. According to regulatory filings accessed from the Registrar of Companies (ROC), the company issued 695,875 Compulsorily Convertible Preference Shares (CCPS) at an issue price of Rs 2,300 each, raising Rs 160 crore or approximately $19.12 million. Peyush Bansal led the funding round with an investment of Rs 70.70 crore, followed closely by Neha Bansal with Rs 70.39 crore. Amit Choudhary and Sumeet Kapahi contributed Rs 9.60 crore and Rs 9.35 crore, respectively. This funding round follows a similar investment in December 2023, where Piyush and Neha Bansal collectively invested Rs 59.66 crore, with the remainder contributed by Choudhary and Kapahi. Earlier, Lenskart announced a $200 million secondary deal involving investments from Temasek and Fidelity Management & Research Company (FMR) at a valuation exceeding $5 billion. The company operates more than 2,500 stores, primarily in India, which contribute approximately 60% of its revenue. The remainder comes from international operations in markets such as Singapore, Dubai, the US, and Southeast Asia. Despite facing a challenging economic climate, Lenskart has raised over $1 billion in funding over the past 18 months. Investors continue to show strong interest in the company due to its robust financial performance, efficient unit economics, and growth prospects in international markets. In the fiscal year ending March 2023, Lenskart reported a significant increase in revenue from operations to Rs 3,788 crore from Rs 1,502 crore in FY22. The company also managed to reduce its losses by 37.3%, from Rs 102 crore in FY22 to Rs 64 crore in FY23, demonstrating effective cost management. Lenskart is expected to release its annual financial report for FY24 soon. #Lenskart #Eyewear #Funding #FundingAlert #FundraiserAlert #PeyushBansal #NehaBansal #SumeetKapahi #AmitChaudhary #Investment #Entrepreneurship #RetailTech #FinancialPerformance #InternationalExpansion #BusinessGrowth #OpticIndustry #EyeWearIndustry #TechInnovation #CostManagement #AllBoutCorps

This is a great next step for Vyrao and yasmin sewell We are proud to have been part of the brand and business formation journey from the very beginning, as business and brand advisors from the concept stage onwards and investors in the pre seed round. Although the brand idea came to Yasmin before the pandemic, the time during the pandemic really reinforced the raison d’être of VYRAO. These times called for the uplifting of spirit and positive energy. VYRAO set out with the big vision to do just that: create positive vibes and spread them, and the initial medium chosen was mood shifting fragrances. Even if the scent of one of their fragrances meant that one felt ‘better’ even just for a moment, it was better than feeling ‘worse’ for that moment. Today and into the future, we all need to feel ‘better’ for more moments everyday, which is at the core of our wellness, which is a key part of the ‘new luxury’ value framework. This is an example of leveraging science and innovation with culture, to help transform towards a more meaningful brand landscape for the future. We look forward to seeing the business achieve great success in this next stage of growth. Elevate Beauty , Manzanita Capital , Shana Randhava of The Estée Lauder Companies Inc. Athina Karamalis Baptiste AUZEAU Christopher Suarez Deepak Rajegowda ieva Z. Laurent Lannéhoa Nasreen A. Rob Ferguson Yuvi Aravindan The Business of Fashion #postiveenergy #moodshifting #vibes #culture #innovation #brandofthefuture #wellness #fragrance #investment #advisory #wearestrongertogether

Comet, the Bengaluru-based direct-to-consumer sneaker brand, has successfully raised Rs 42.3 crore (approximately $5 million) in its Series A funding round. Elevation Capital led the investment with Rs 33.36 crore, joined by existing investors Nexus Ventures and AngelList India contributing Rs 8.34 crore and Rs 60 lakhs respectively. Founded in July 2023 by Dishant Daryani and Utkarsh Gupta, Comet focuses on lifestyle sneakers for both men and women, retailing through its own website with products like CometX, Aeon, and Slides. The funds raised will support Comet's capital expenditures, marketing efforts, and general corporate initiatives as it aims to capture a significant share of the footwear market. Looking forward, Comet targets a total addressable market (TAM) of $22 billion, with a serviceable addressable market (SAM) expected to reach $1.5 billion by FY 2030. The company competes with domestic brands like Wrong, HRX, and Redtape, as well as global giants such as Nike and Adidas. #Comet #SeriesAFunding #ElevationCapital #NexusVentures #startup77 #AngelListIndia #DirectToConsumer #SneakerBrand #FootwearIndustry

Myntra has ramped up its international fashion play with NEXT after securing franchise rights for UK’s biggest fashion retailer Read more: https://lnkd.in/dq4TM9a5 Sonali Priy Kapoor #Myntra #NEXT #Fashion #Ecommerce #industrynews #india #pr #pragency #digitalmedia #digitalmediamarketing #digitalmediamarketing #socialmediamarketing #hatchproject #thehatchproject