President Donald Trump's daughter Ivanka must give testimony later this year in a lawsuit against her apparel company, which is accused of lifting designs from a celebrated Italian shoemaker, a US judge ruled.
Consolidated net sales fell 0.1% in the first quarter and comparable sales fell 1.1%. The retailer reaffirmed its full year guidance and expects its second quarter comparable sales to decrease in the low-single digits.
The California-based designer held a collection debut scavenger hunt on Instagram with Nick Young of the Los Angeles Lakers, Josephine Skriver, Luka Sabbat and others that the modeled the spring 2018 collection.
Venture capital firm Next Coast Venture led the funding round that included participation from former Ralph Lauren and Tory Burch executive Roger Farah. The new investment raises Phlur's total funding to $6 million.