Hey, remember BeReal, the real-time photo-sharing app that had half the population in a virtual chokehold back in 2022? Well since then, things haven’t gone so great for the app, which some considered to, potentially, be the next big thing. BeReal has struggled to maintain its growth momentum, while its limited use case has also [...]read moreBeReal Sold To French Video Game Developer for $500M
Hey, remember BeReal, the real-time photo-sharing app that had half the population in a virtual chokehold back in 2022? Well since then, things haven’t gone so great for the app, which some considered to, potentially, be the next big thing. BeReal has struggled to maintain its growth momentum, while its limited use case has also [...]read moreBeReal Sold to French Video Game Developer for $500 Million
Translated by Roberta HERRERA Published Jun 5, 2024 Following an initial fundraising in October 2020, Matière Première has welcomed Kering Beauty as a minority shareholder. This marks the first such venture for Kering Beauty, established at the beginning of 2023 and overseeing the fragrances of brands like Bottega Veneta, Balenciaga, and Creed, the Anglo-French high [...]read moreFrench fragrance brand Matière Première welcomes Kering Beauty into its capital
Translated by Nicola Mira Published May 29, 2024 The employees of French fashion retailer Naf Naf are still in no man’s land. A hearing to examine the three bids to acquire the company was scheduled on May 28, but the trade court in Bobigny, France, has decided to push back the date to June 4. Turkish company [...]read moreCourt hearing on bids for French brand Naf Naf postponed to June 4
Translated by Nicola Mira Published May 15, 2024 Italian footwear specialist Nice Footwear, which has held the licence for the Ellesse sneakers’ development, production and distribution in Italy for 10 years, has announced it has now added the French market to the licence agreement, strengthening its collaboration with Pentland, the UK holding company that owns [...]read moreNice Footwear adds French market to existing Ellesse licence deal
By Reuters API Published May 4, 2024 France’s world-leading cosmetics sector is counting on talks between Xi Jinping and Emmanuel Macron next week to help minimize the impact on French companies of tough new Chinese import rules requiring the sharing of formulas and manufacturing know-how. Reuters President Xi’s first visit to Europe in five years [...]read moreFrench cosmetics sector eyes Xi visit for reprieve on Chinese import rules
Photo: Daniel Golson/Jalopnik Estimate: $2,500,000 – $3,500,000 The centerpiece of the auction is this 1938 Bugatti Type 57C Aravis Special Cabriolet, one of only four ever made and one of only two based on the supercharged 57C. (Bugatti made 710 Type 57 cars in total, with 96 being the 57C.) With gorgeous coachbuilt bodywork by [...]read moreCheck Out The Weirdest, Most Beautiful French Cars From The Mullin Museum’s Auction
Translated by Nicola Mira Published Apr 25, 2024 French fashion resale start-up Paradigme has carried out a first funding round with a number of investors, raising €1.2 million. Paradigme was founded two years ago by the brothers Fabien and Vincent Huché-Deniset. It has developed its own resale platform and offers B2B solutions to fashion brands. [...]read moreFrench resale specialist Paradigme raises €1.2 million
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($30 million) in funding, while teasing [...]read moreFrench startup FlexAI exits stealth with $30M to ease access to AI compute
Translated by Nicola Mira Published Apr 19, 2024 During her visit to Italy, Olivia Grégoire, France’s Minister for Small and Medium Businesses, Trade, Crafts and Tourism, outlined to FashionNetwork.com her “plan for the fashion industry,” which she intends to present by the summer, probably in June. Grégoire’s exploratory mission on April 15-17, a fact-finding trip [...]read moreFrench Minister Olivia Grégoire outlines plan for fashion industry during visit to Italy