Luxury sneaker and apparel retailer Kick Game has secured an extra £3.5 million in financing from VGC Partners. The capital injection will go towards the brand’s target to secure revenues of £50 million by 2022.
If there's one sector that doesn't seem to be struggling, it's the market for counterfeit goods with Rolex, Louis Vuitton and Gucci featuring among the brands whose counterfeits are the most popular online.
UK consumers are continuing to search for fake luxury brands in large numbers and some have more appeal to label-hungry shoppers than others. In fact, Rolex is the most wanted label for those seeking fakes online.
Gucci has been named as the hottest brand in fashion for the fourth consecutive quarter by Lyst, with the return of dressier options and styles for travel and leisure also being identified as key quarterly trends.
Telfar, the Brooklyn-based fashion label founded by designer Telfar Clemens, and Decker Brands-owned footwear and lifestyle brand, Ugg, launched on Monday their long anticipated collaborative collection.