Spanx news and archive

Spanx partners with League One Volleyball to support young volleyball players

Shapewear and lifestyle brand Spanx has partnered with League One Volleyball (LOVB), a leading youth volleyball brand, launching its professional league in the United States later this year in support of young volleyball players. This is the first time Spanx has partnered with a professional sports brand and league. The partnership sees Spanx...

BusinessFeatured

Spanx promotes Caroline Whitton to CEO & names Jeanne Jackson as Executive Chair

Shapewear and lifestyle brand Spanx announced the appointment of two new executive positions as the brand ushers in a new generation of leadership. The board of Directors at Spanx LLC has promoted Caroline (Cricket) Whitton to the position of Chief Executive Officer (CEO) and appointed Jeanne Jackson as Executive Chair. Cited as "the driving...

Retail|In Pictures

Spanx opens first apparel pop-up in the UK

US shapewear brand Spanx has opened its first apparel pop-up in the UK at Selfridges in London, building on successful retail activations in New York, Washington DC, and Miami. Located in Selfridges' Denim Studio on the third floor, the exclusive pop-up space showcases Spanx’s apparel and activewear for women, including leggings, jeans,...

Business

Oprah Winfrey and Reese Witherspoon among new investors for Spanx

Womenswear brand Spanx had announced that investment firm Blackstone has closed a majority investment in the business, at a valuation of 1.2 billion dollars, with the addition of a number of new investors also participating in the closing. Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded G9 Ventures, are among...

BusinessFeatured

Spanx sells majority stake to investment firm Blackstone

Spanx has sold a majority stake to private equity firm Blackstone in a deal that values the US shapewear brand at 1.2 billion dollars. The Atlanta, Georgia-headquartered company said the acquisition will help accelerate its digital transformation, expand its global footprint, and add new categories. Spanx founder Sara Blakely will retain “a...

BusinessFeatured

Sara Blakely, CEO and founder of Spanx, donates 5 million to help female entrepreneurs

New York - In an article posted shared through LinkedIn, Sara Blakely, CEO and founder of Spanx, explained her decision to donate 5 million dollars “directly to female entrepreneurs to help their businesses, families and employees.” In the context of a pandemic that is rapidly taking a fatal toll on lives and businesses worldwide, Blakely points...