The capital increase will be implemented in two installments within 14 days.
The decision affects 65 employees at the company’s headquarters in Bologna, Italy.
The Italian brand has sealed an agreement with manufacturing company Isa to boost the two categories.
The apparel brand will expand into loungewear in January.
Casual fashions, a desire for comfort and ath-leisure styles are all contributing to the trend.
Many know the model-actress for her roles in “Baywatch,” “Flatliners,” and ABC’s “Dancing with the Stars,” and now she is trying her hand as a designer.
Les Girls Les Boy founder Serena Rees said her collection is meant to be an alternative to the oversexualized lingerie sold by other brands.
The firm’s Q4 guidance excludes a $15 million sales contribution from Sears.
The actress and designer talked women’s empowerment, freedom and a few of her upcoming projects while unveiling her first ad campaign for the Italian innerwear firm.