Business
Openings and closings and updates around businesses, restaurants, retail, service providers and more.
The premium performance apparel company Greyson Clothiers has secured $20 million in Series A funding, led by NewBound Ventures and Chris Koch, CEO of NewEra, with participation from industry veterans and celebrities.
The investment round brings strategic additions to Greyson's board of directors, including Tom Nolan, CEO of Kendra Scott, and David Chu, founder of Nautica.
The company also attracted investment from Justin Timberlake, Larry Fitzgerald, Dylan Larkin, Eric Church, and PGA tour player Justin Thomas.
Founded in 2015 by former Ralph Lauren designer Charlie Schaefer, Greyson focuses on sophisticated luxury design with technical functionality.
Schaefer grew up in Birmingham, Michigan.
According to press materials, the new capital will fuel Greyson's expansion plans, including international growth, new brick-and-mortar locations, and more direct-to-consumer operations. The brand recently launched a womenswear line.
The company has stores in Atlanta, Denver, Detroit, Harbor Springs, Grand Rapids, New Orleans, New York City, West Palm Beach, and Seoul, Korea.
You can find their Detroit store at 1500 Woodward. Look for the monotone wolf statue out front on the sidewalk. And yes, I've done a double take before seeing it out of the corner of my eye.
On Tuesday, Michigan furniture retailer Gardner White announced GW HOME, a new upscale store concept that will open this spring in downtown Detroit. The 15,000-square-foot location will be across from the Hudson's Detroit development on Woodward Avenue.
The new store will feature select premium furniture, home decor, and unique local collaborations — marking Gardner White's return to downtown Detroit after originally opening there in 1912.
It's the company's 14th location in Michigan.
GW HOME also plans to host community events and partner with local artisans.
Today's Daily Detroit all-local podcast is in three parts -
- Detroit might return to the WNBA, thanks to a star-studded lineup of heavy hitters in sports and business. We discuss.
- Jack Flaherty returns to
A powerhouse group of investors including Lions owner Sheila Ford Hamp, General Motors CEO Mary Barra, Lions Quarterback Jared Goff and NBA legends Grant Hill and Chris Webber are backing a formal bid along with Pistons owner Tom Gores to return the WNBA to Detroit. [NBA]
The proposal includes plans for a new practice facility, headquarters, and youth sports complex, with games to be played at Little Caesars Arena.
If successful, it would be a homecoming for the league — Detroit's previous WNBA team, the Shock, won three championships and set attendance records during its 1998-2009 run.
Although there’s not a price tag in the press release, Toronto’s newest team cost $115 million, with $50 million of it being an expansion fee.
The bid has already secured political support from Michigan Governor Gretchen Whitmer and Detroit Mayor Mike Duggan.
We’ll be talking about this more on Monday’s Daily Detroit podcast, so don’t forget to follow us on Apple Podcasts, Spotify, or wherever you listen to shows.
That’s according to a credible report by Vincent Goodwill in Yahoo! News that Detroit Pistons owner Tom Gores has put in a bid for a Women’s National Basketball Association squad.
Those who have been around a minute might remember the Detroit Shock — they won three titles before moving to Tulsa in 2010 — and set an attendance record for the time.
We called for the return in the spring of last year on our podcast. You can listen to the conversation, it starts at about the 11:15 mark.
Our latest episode of what to know and where to go in Metro Detroit! We talk about a ton of things - from trying Vecino and an Archery cafe, to visiting an old favorite in
In this episode of Daily Detroit, I talk with Dan Horn, Vice President of Mobility for Franco Integrated Communications, about the impact of conferences and events in Detroit and Metro Detroit.
We explore
The second Barkside location on 11 Mile near Greenfield will have 6,000 indoor square feet of play area and 7,000 of outdoor yard, reports the Detroit News.
Started in Detroit's West Village neighborhood, this place makes the term "Saloonimal" quite literal.
My 2 Cents: Metro Detroit just doesn't really have many large indoor spaces for dogs right now. I have a few friends that go to Barkside and really like it, I'll have to go soon.
The merger brings together AAM's expertise in driveline systems with the global metal forming capabilities of Dowlais, creating a more diversified automotive supplier with a bigger geographic footprint. They expect cost savings through operational efficiencies and scale. [AAM Newsroom]
Driving the news: Electric vehicles require far fewer parts than combustion ones, and suppliers are adapting. Whatever happens in the U.S. with EVs, the auto industry is global and players are dealing with different sets of regulations and increased Chinese competition.
The people behind the popular Noble Fish sushi restaurant and White Wolf Japanese patisserie,will be opening two new Asian food halls in Metro Detroit called "Noble Village."
The first,