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July 12 (Reuters) - Investment firm Wellington Management is in talks to lead a new funding round for Skims, which could value the underwear clothing company owned by Kim Kardashian at about $4 billion valuation, according to people familiar with the matter. Skims and Wellington did not respond to comment requests. Women's Wear Daily reported on the Skims funding round earlier on Wednesday without naming Wellington. Other investors included D1 Capital Partners, as well as existing investors Thrive Capital, Imaginary Ventures and Alliance Consumer Growth. Kardashian is also actively raising funds for her new private equity firm SKKY Partners, which focuses on consumer and media investments.
Persons: Kim Kardashian, Skims, Kardashian, Carlyle, Jay Sammons, Abigail Summerville, Krystal Hu, Diane Craft Organizations: Investment, Wellington Management, Wellington, Lone Pine Capital, D1 Capital Partners, Imaginary Ventures, Alliance Consumer, SKKY Partners, Thomson Locations: Wellington, Boston, Lone, New York, Austin
Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.
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With Amazon Prime Day upon us, the flood of clothing deals makes all of us wonder which ones are actually worth spending on. We've collected the best Prime Day clothing deals for men, women, and children, so you can narrow down which discounts will help refresh your closet for less. For more Prime Day savings, check out our roundup of the best beauty deals to see what other exclusive sales we've found. Best Prime Day deals on athleisure and workout clothesAmazon carries an impressive array of performance wear from the top brands. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date.
Persons: We've, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Levi, Ellie, that'll, henley, it's, Martens, Steven Madden, Kenneth Cole, we've, Herschel, JW Pei, Vera Bradley Microfiber, Vera, Michael Kors Parker, Michael Kors Organizations: Amazon, Adidas, Prime, Amazon Deal, Chelsea, Columbia, Herschel Supply, Michael Kors Parker Stainless Steel Locations: Italy, Colombia
Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.
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Bedding Deals for Memorial Day—These Sales Are Still Going
  + stars: | 2023-05-30 | by ( ) www.wsj.com   time to read: +3 min
By Madeline DiamondWhile Memorial Day Weekend is over, many of these bedding deals are still available and include sheet sets, mattresses, pajamas and more. Memory foam mattressAnother pick from our mattress buying guide, this mattress from Dreamcloud, is 40% off for Memorial Day, which means that the queen-size version is marked down by $733. As part of the brand’s sitewide Memorial Day sale, you can score 20% off the blanket with the code SAVE20. Right now, the set is nearly $50 off as part of the brand’s Memorial Day sale. It comes in nine colors, five of which are on sale right now for 20% off.
People aren't wearing bras anymore, according to American Eagle's executive creative director. As a result, American Eagle and its Aerie brand are refocusing their assortment. At least, that's what execs at American Eagle say. "Girls are wearing bra tops out," Jennifer Foyle, president and executive creative director of American Eagle and its sister brand Aerie, told investors at the company's earnings call Wednesday. Aerie, which has nearly 300 standalone stores, made up around a third of American Eagle Outfitters' sales in the first quarter.
Would You Include Skims in Your Wedding?
  + stars: | 2023-05-15 | by ( Sadiba Hasan | ) www.nytimes.com   time to read: +1 min
Kim Kardashian’s shapewear brand Skims has developed a cult following for its everyday basics and intimates and its neutral color palette — so much so that it has inspired a subgenre of “Skims dupes and alternatives.” Customer favorites include a form-fitting maxi lounge dress that drapes down the body. Last week, Skims expanded into bridal with 63 styles of dresses, lingerie, shapewear and loungewear, with some of its best sellers updated in white, baby blue and pink. At first glance, a shapewear brand expanding into bridal may seem random, but it’s a common move for many intimates brands. Savage X Fenty and Victoria’s Secret, two of Skims’s competitors, both have bridal shops. “Everything is white and ivory and lacy, and it’s their time to wear these pieces in those colors,” she said.
Nothing Says Fashion in 2023 Like a Corset Hoodie
  + stars: | 2023-05-03 | by ( Jessica Testa | ) www.nytimes.com   time to read: +1 min
There is a certain futility in making sense of fashion trends of late. Just try to follow the path from naked dressing to stealth wealth without taking the pink-drenched detours of cottagecore, balletcore and Barbiecore. Three years later, one consequence of this convergence has emerged: the corset hoodie. The garment is a fashion Frankenstein — cozy hoodie on top, restrictive corset on bottom — that is both a conjugation and rejection of its parent trends. The corset half was sheer with visible boning.
Alexa Curtis, the founder of a blog and mentorship company, shares her $5,000 monthly budget. She says social media, marketing, and personal branding are the most important investments. For her personal brand, she spends about $350 each month on a branding coach who helps her decide what message she wants to project through her work. But GrasshoppHer relies more on monthly and annual membership fees to grow, and the new business has more opportunities for sponsorships, Curtis said. courtesy of CurtisSince merging companies, "it's becoming less of a personal brand," Curtis said.
CNN —Any air travel can be stressful, but facing down a long-haul flight can be especially intimidating. Flight attendants on long-haul flights are provided with spaces to rest. Flight attendants need to be alert throughout the journey, so they will take it in turns to refuel via mid-flight power naps. Flight attendants will greet a returning colleague with a cup of tea or coffee. For flight attendants, Major says, that will involve working over periods in excess of 24 hours.
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Karp and Montée Karp built the hype into a parenting-media empire that put out three books and two instructional films in 10 years. Karp and Montée Karp met at a Hollywood party in the early '90s. Karp and Montée Karp promised her independence and flexibility to accommodate her two young children's day-care schedules and a 90-minute commute. Karp and Montée Karp insisted on being involved in minutiae that most top executives hand off. Karp and Montée Karp turned the Snoo into an award-winning holy grail of parenthood in just a few years.
Karp and Montée Karp built the hype into a parenting-media empire that put out three books and two instructional films in 10 years. Karp and Montée Karp met at a Hollywood party in the early '90s. Karp and Montée Karp promised her independence and flexibility to accommodate her two young children's day-care schedules and a 90-minute commute. Karp and Montée Karp insisted on being involved in minutiae that most top executives hand off. Karp and Montée Karp turned the Snoo into an award-winning holy grail of parenthood in just a few years.
Rihanna's highly anticipated Super Bowl LVII halftime show performance is happening Sunday. Rihanna previously declined to perform at the Super Bowl in 2019. Her fashion and beauty brands — including Savage X Fenty, Fenty Beauty, and Fenty Skin — have all reconfigured their sites to feature a "Game Day" section in anticipation for Sunday's performance. The pop star's lingerie and loungewear brand Savage X Fenty also took the chance to capitalize on the Super Bowl appearance by debuting "Team Fenty" jerseys and sweatsuits. Savage X FentyIn September, it was announced that Rihanna would headline the Super Bowl halftime show performance after the singer declined the gig in 2019.
This weekend, you’ll find a deal on the Philips SmartSleep sunrise lamp, a discounted Instant Pot and savings on Crap Eyewear sunglasses. Instant Pot Duo Plus $150 $110 at Amazon Instant Pot Score a variant of our favorite pressure cooker, the Instant Pot Duo Plus, up to 27% off, alongside a range of other models from the brand. Rumpl 30% off Original Puffy Football Blankets Rumpl Versatile and machine-washable, Rumpl blankets are durable enough for the outdoors yet cozy enough for the couch. Deals you may have missedKindle Paperwhite $150 $110 at Amazon Amazon Our pick for the best budget e-reader, the Kindle Paperwhite boasts a lightweight design and a glare-free screen with adjustable warmth to reduce strain on your eyes. Right now you can score our pick for the best full-size low-profile keyboard at an all-time low price on Amazon.
There are a ton of great products that drop every week — and we’re here, as always, to keep you up to date on the best of them. This week brings the launch of Otherland’s ’90s-inspired candle collections, Ikea’s stunning collab with Sabine Marcelis and Le Creuset’s new matte navy cookware. Shop our favorite new releases below, but be fast — they’re prone to selling out. The $90 device comes in black, white, brushed steel and brass, so it’s also easy to match to your kitchen fixtures. Loungewear-meets-streetwear from the expertsUggIf anyone knows a thing or two about creating comfortable things to wear, it’s Ugg.
The one item I have found to be up to the challenge is a sleep mask. I’m speaking instead of a weighted sleep mask, which takes the basic sleep mask and fuses it with a weighted blanket. Lunya Weighted Washable Silk Sleep Mask $88 at LunyaI first saw the Lunya weighted sleep mask where I so often see things that I feel compelled to buy: Instagram. I didn’t click purchase immediately though because, at $88, it felt like too much money to spend on a sleep mask. A weighted mask, on the other hand, turns out to be exactly what my head needs to power down for the night.
CNN Underscored editors regularly highlight new product launches — everything from a new colorway of that viral pan to the next must-have sneaker — through announcement posts, in-depth reviews and comparative testing pieces. Now, for the first time, we’re giving readers a sneak peek at some of the most anticipated products that are set to launch in 2023 with a new feature: The Watch List. The Legendary Classic Canteen will combine an old-school aesthetic with modern design elements like a handy strap and leakproof lid. Meanwhile, the box quilt pattern keeps everything looking casual cool in four colors: natural, white, light gray and charcoal. Cabeau TNE S3: The Neck’s EvolutionCabeauThe Cabeau Evolution S3 is our pick for best travel pillow based on a variety of factors.
HydrowWhat it is: indoor rowing machineTotal capital raised: $255 million22. ipsaWhat it is: fine frozen dinners made to be heated on stove tops or in ovensTotal capital raised: Undisclosed23. MadhappyWhat it is: fashion and lifestyle brand focused on creating conversation around mental healthTotal capital raised: $1.8 million28. MugsyWhat it is: online retailer best known for its jeansTotal capital raised: None32 .Oliver CabellWhat it is: luxury footwear minus the markupsTotal capital raised: None33. The Normal BrandWhat it is: lifestyle brand that sells rugged clothing for men and women inspired by the MidwestTotal capital raised: None46. Win Brands GroupWhat it is: holding company with brands selling outerwear, home goods, and candlesTotal capital raised: $90 million50.
Sarah Ashcroft started her blog in 2013 after trying to land a job in fashion public relations. Since then, Ashcroft has taken her influence and turned it into a clothing line called SLA the Label, which launched in 2019. In 2022, that number jumped to $3.5 million (2.9 million pounds). "It's just amazing how something so simple has just grown so big," said Ashcroft, 28, who has more than 1.4 million followers across social media. During her job hunt, employers frequently asked her whether she had a fashion blog, Ashcroft said, because they were looking for someone with a fresh understanding of blogging.
Holiday sales fell short of industry expectations, as shoppers felt pinched by inflation and rising interest rates, according to data from the National Retail Federation. The retail sales number excludes spending at automobile dealers, gasoline stations and restaurants and is based on data from the U.S. Census Bureau. The holiday sales gains include the impact of inflation, which drives up total sales. That translated to sharp year-over-year jumps in retail sales in the past two holiday seasons — a 14.1% gain in 2021 and 8.3% gain in 2020. Online and non-store sales saw the biggest year-over-year gains, with sales jumping 9.5% during the holiday season.
Abercrombie & Fitch is cool again
  + stars: | 2023-01-10 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Abercrombie & Fitch has shed its perfume-filled mall stores, shirtless models and logo sweatshirts to win over Millennials and Gen Z.It’s working. Abercrombie (ANF) said Monday that its women’s segment was on track to deliver its highest holiday sales period ever, and its men’s division was growing, too. “Abercrombie was a key destination for holiday shopping,” Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Monday. “This a further sign that the brand has successfully ditched the baggage of its past.”The brand, which has about 225 stores, plans to open around 10 Abercrombie stores a year over the next three years. Today, Abercrombie’s stores are lighter than they once were and its clothes are looser.
Super Saturday, the last Saturday before Christmas, could draw a record 158 million shoppers. But shoppers who take advantage of that extra time to buy are in for another treat: major discounts. "Retailers staring down time-limited inventory surpluses will do whatever they can to liquidate before the holiday season has expired." Shoppers could see major discounts on Super SaturdayBrandon Bell/Getty ImagesMajor retailers have been lamenting their inventory positions throughout 2022. The supply chain challenges that squeezed retail brands last holiday season have subsided, leaving a pandemic-induced hangover in their wake.
Goldman Sachs has upped its price target on athleisure retailer Lululemon , describing it as a "best-in-class market share gainer." The bank reiterated its buy rating on the stock in a note Friday and raised its 12-month price target to $431 from $383 prior. "We continue to believe Lululemon's innovation engine is best-in-class, leading us to believe that Lululemon will continue to demonstrate above-trend growth," she wrote. "We believe Lululemon is well-positioned given limited reliance on promotions and strong pricing power. She added that the company will benefit from "cost tailwinds" in 2023, which would help deliver "solid" earnings per share growth.
Lululemon on Thursday reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter. CEO Calvin McDonald said on an earnings call that the company had a strong start to the holiday season. Lululemon said Thursday it expects fourth quarter per-share earnings of $4.20 to $4.30, compared to estimates of $4.30. It also sees revenue of between $2.605 billion to $2.655 billion, versus a projected $2.649 billion. It also raised its adjusted earnings per share outlook to a range of $9.87 to $9.97, from last quarter's guidance of $9.75 to $9.90.
Black Friday and Cyber Monday are two of the busiest shopping events of the year. Some of our staff purchased tried and true favorites that needed replacing, like beloved Lululemon running sneakers or perfume. I bought the Kalorik MAXX 10-in-1 because I have a large household and its 26-quart capacity can cook an entire rotisserie chicken. They’re lightweight yet supportive, and great for running outdoors or on the treadmill.” — Zoe Malin, associate updates editor“My brother and I bought this iPad for my mother's Christmas present. It also comes with a dishwasher-safe scraping tool for easy clean-up, says Cuisinart” — Mili Godio, associate reporter“I bought this cute toiletry bag that looks roomy.
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