Weekly Refresh: Rihanna Raises $50M; Disney Brings Back '90s Nostalgia Games

Rihanna's e-commerce lingerie brand Savage x Fenty raises $50M, Disney re-releases SNES and Sega classics Aladdin and The Lion King for modern consoles, and more.  

Written by Brian Nordli
Published on Sep. 03, 2019
Weekly Refresh: Rihanna Raises $50M; Disney Brings Back '90s Nostalgia Games
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Rhianna’s lingerie line Savage X Fenty brought in $50 million in funding this week. The global recording-superstar-turned-mogul’s e-commerce brand combines the styles of lines like Victoria’s Secret with the inclusive sizing of brands like ThirdLove. The brand is a partnership between Rihanna and Techstyle. [Built In LA]  

Long Beach’s first startup accelerator kicked off its opening with an investor reception this past week. The Long Beach Accelerator was formed via a partnership between Sunstone Management, the City of Long Beach Economics Development Department and California State University Long Beach Institute for Innovation and Entrepreneurship. The reception served as both a kick-off event for its first cohort of companies and an opportunity for funding partners to explore collaborations. The first cohort will start in Fall 2019. [LA Tech News]

Yacht Club Games announced a spin-off to its hit video game Shovel Knight, which will be exclusive to the Nintendo Switch. The new spin-off will be called Shovel Knight Dig, and will combine Rogue-like elements and RPG upgrades along with level generation tools to make each playthrough unique. The Valencia, California-based gaming developers debuted Shovel Knight in 2014, and have since sold 2 million copies. [VentureBeat]  

Disney announced this week that it will be re-releasing its SNES and Sega classic games Aladdin and The Lion King for the newest generation of gaming consoles, fulfilling the wishes of '90s kids everywhere. The game, Disney Classic Games: Aladdin and The Lion King, will include upscaled graphics, filters for visual enhancements and an interactive game viewer, that allows players to jump into pre-recorded play at any time. The collection will be out on October 29 and will cost $29.99. [IGN]

Fashion accessory brand Hex partnered with DC Comics Chief Creative Officer and Co-publisher Jim Lee to release a new Jim Lee Collectors Backpack line. The backpacks are designed to help comic book collectors transport their comics safely. The backpack includes a file folder with individual sleeves, a fleece-lined laptop section and an access pocket the exact size of the Overstreet Price Guide. [Press Release]

 

 

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