Inspiralia, a European new product development group, said it invested in the $2.5 million financing round of SP Nano Ltd., an Israeli nanotechnology firm for enhanced composite materials. SP Nano’s existing investors Docor International, Consolidated Investment Group and iVentures Asia were also participants in this round.
The company said it will provide additional support for SP Nano through its technical and laboratory services and take “an active role in promoting SP Nano’s unique reinforcement technology in the European market.” SP Nano commercializes the use of nanoparticles in markets such as composite materials, mechanical rubber goods, adhesives, resins and conductive textiles, the company said.
Phoebe Philo is returning to fashion.
WWD reported yesterday that the English designer is planning a new collection and has been interviewing designers.
One of the most acclaimed designers of her generation, Philo made her name during a 10-year tenure at Celine. Season after season, she minted low-key modernist clothing and handbags and built an intensely loyal fan base.
Philo said the above quote in an exclusive interview when she joined @celine in 2008.
Report: Miles Socha & Samantha Conti
The Hervé L. Leroux label is returning to ready-to-wear.
The revived line will be presented to buyers during Paris Fashion Week and is designed by the late couturier’s sister Jocelyne Caudroy.
"Hervé left a fantastic heritage [of sketches and unfinished works]. When the project was suggested, I thought of Virginie Viard and how she had worked alongside Karl Lagerfeld. I accepted because this way, I can preserve the way Hervé worked. To continue, when given the opportunity, is important because this heritage lives within us,” Caudroy said.
📸: WWD Archives
French beauty exports grew 9% in 2019.
The sector’s sales to China rose 48 percent on-year.
Overall, France’s largest export beauty product category was skin care, which generated more than 7.3 billion euros, up 46 percent over the past five years.
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