May 2019

Evine Clinches Multimillion-Dollar Strategic Investment from The Invicta Watch Group

North America - United States | North America | United States - Minnesota

Evine Live Inc., a multiplatform interactive video and digital commerce company, sold $6 million of common stock and warrants at $0.75 per unit to investors and secured a $5 million increase in its vendor line for The Invicta Watch Group (IWG)’s family of brands. Evine also received a commitment from IWG to invest an additional $25 million in Evine products in 2019. Faegre Baker Daniels represented Evine in connection with the investment and ongoing partnership between Evine and IWG.

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