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M.Gemi, the direct-to-consumer e-commerce brand that offers high-end Italian-made shoes at lower-than-usual prices, has received a new cash infusion. Today, the company announced it has completed a round of Series B funding and raised $18 million in new investment, led by venture capital firm Accel....

Stride Rite has signed a licensing agreement with Genius Brands International, the licensing agent for the micro-encapsulation company Celessence Technologies. The two will partner on a new line of Celessence fresh-scent infused Stride Rite children's footwear will be presented as "anti-stink" technology...