The Italian luxury sneaker brand plans to hold an initial public offering on the Milan stock exchange, according to a report from our sister publication, Shoe Intelligence, selling shares held by Astrum, its sole shareholder, and €100 million of newly issued shares to raise funds and pay down debt.

Caroline Brown, who is currently an independent director on the VFC board, becomes its new global brand president of The North Face, succeeding Nicole Otto.

The proxy advisory service has recommended a vote in favor of the proposed sale of Vista’s Kinetic Group ammunition business to Czechoslovak Group.

The textile recycling company that was launched in Mar. by Vargas Holding and H&M Group, has secured a $100 million Series A funding round, led by founder investor TPG Rise Climate.