The Camuto Group clearly is interested in contemporary fashion as it has just made its second acquisition in the category.
This time, Camuto has acquired a 50 percent stake in Sanctuary Clothing, the North Hollywood, Calif.-based contemporary sportswear firm that launched in 1997. The partnership is with the brand's founders, Ken and Deb Polanco. Financial terms of the transaction weren't disclosed.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"