The News in Brief

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.

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.

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