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Business

Acne Studios sells minority stake

Swedish brand Acne Studios has sold minority stakes, 41 percent, to IDG Capital and I.T. Group, according to news reports from WWD and Business of Fashion. The remaining shares will stay in ownership of founders Mikael Schiller and Jonny Johansson. IDG will acquire 30.1 percent and I.T Group will buy 10.9 percent, according to BoF. As result of...

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Fashion Featured

Scandinavian brands: minimalism at its best

Inspired by Copenhagen Fashion Week which took place last month, FashionUnited is looking at the Nordic codes that inspire the slow life trends. In the region, sustainable products and organic materials are synonymous with low consumption. From furniture to decorations, Scandinavian design is distinguished by its minimalism and functionality....

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