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Ben Sherman sold to American private equity-backed firm Marquee Brands for A 40m

2015-07-21 09:23:50| Footwear - Topix.net

Ben Sherman, the British fashion brand founded in 1963, has been sold by American private equity firm Oxford Industries for A 40million - half the price it paid to buy the business in 2004. Another American firm, Marquee Brands, was set up last year backed by private equity firm Neuberger Berman, to acquire brands and already bought Italian shoe-maker Bruno Magli.

Tags: private american firm ben

 

Bolt Threads secures $40m to spin synthetic spider silk

2015-06-08 14:21:00| Daily apparel & textile news and comment - from just-style.com

Growing engineered silk fibres in fermentation vats might sound more like science fiction than science fact, but a California-based start-up has secured $40m in funding to bring these "next generation" high performance fibres and fabrics to market.

Tags: threads spin spider synthetic

 
 

Audi partner Joule announces its CO2-recycled ethanol meets US and Euro specs; $40M financing

2015-05-11 15:55:49| Green Car Congress

Tags: partner euro meets financing

 

Ex-American Apparel CEO seeks $40M in damages

2015-03-27 13:32:44| Apparel - Topix.net

The struggling clothing company's controversial founder is claiming more than $40 million in damages stemming from his surprise ouster last year, even as the retailer this week disclosed a probe by securities regulators into the affair. Los Angeles lawyer Keith Fink - who, in a twist, had formerly represented American Apparel employees suing Charney for harassment - said in a letter last week that the retailer is liable for $20 million to $25 million in damages for Charney's loss of employment.

Tags: apparel ceo seeks damages

 

PPG completes $40M expansion in Brazil

2015-03-20 11:43:52| Chemicals - Topix.net

PPG Industries announced Wednesday it has completed a $40 million expansion at its coatings manufacturing facility in Sao Paulo, Brazil. The 65,000-square-foot expansion will allow the company to produce resin on site for PPG's electrocoat products to meet growing demand from automakers and industrial coatings customers in the region, according to the company.

Tags: brazil expansion completes 40m

 

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