News
Ekuinas takes control of homegrown footwear brand XES Shoes
4+ hour, 30+ min ago (196+ words) KUALA LUMPUR (May 20): Ekuinas said on Wednesday it has acquired a controlling stake in the owner of homegrown footwear brand XES Shoes. The investment in Shellys Marketing Sdn Bhd will support the company's expansion as well as strengthen its retail…...
E-commerce giant Shein buys apparel brand Everlane, reports say
2+ day, 8+ hour ago (264+ words) (May 18): Chinese e-commerce giant Shein is acquiring US apparel retailer'Everlane'from majority owner L Catterton, according to media'reports. The transaction values the San Francisco-based company at about US$100 million (RM397. 76 million), a steep discount to the valuations it commanded during the height…...
Sportswear brand On Holding names co-founders as CEOs
1+ mon, 3+ week ago (202+ words) (March 25): Swiss sportswear brand On Holding said on Wednesday its co-founders David Allemann and Caspar Coppetti will take over as co-CEOs from May 1, replacing Martin Hoffmann. Hoffmann became On Holding's sole CEO in April 2025 after he led the company through…...