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When you buy through links on our articles, Future and its syndication partners may earn a commission. The brand posted a statement to its Instagram account on October 25 announcing its closure. By ...

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Underwear brand Parade, once valued at $200 million, sold to a lingerie manufacturer for "peanuts." Some former employees say founder Cami Téllez's leadership style helped sink the company. The ...

Gen Z underwear brand Parade has been sold to lingerie manufacturer Ariela & Associates International. Founder and CEO Cami Téllez told staffers via Slack that she'll be forced to leave the company.