Zilingo Pte, one of Singapore’s highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort to raise new funding led to questions about the company’s accounting, according to people familiar with the matter.

Franchise Group has informed Kohl’s it would be willing to pay $69 per share to acquire the department store retail chain, subject to due diligence, three people familiar with the matter said.

European perfume- and cosmetics-makers face shortages of paper, glass, and some key oils and alcohols, as Russia’s invasion of Ukraine adds further disruptions to the supply chains for beauty products, driving prices higher amid robust demand.

The fitness apparel giant will be bringing the programme to just under 400 stores across the US, where shoppers can trade in their used clothes for store merchandise gift card.

The retailer said Tuesday it’s maintaining its forecast for the fiscal year ending in August, except for the loss of business due to a suspension of sales in Russia.

Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.

The fast-rising Sequoia China-backed brand, known for clothing, footwear and accessories with inbuilt sun protection, has filed to list on the Hong Kong Stock Exchange.

Birimian Ventures, a Cote d’Ivoire-based investment company launched last year to help African luxury and heritage brands grow their businesses, has partnered with the European private equity firm Trail Capital.