BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
LONDON, United Kingdom — Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.
At a time when fashion companies are more focused on brand than ever before, private label manufacturers continue to flourish. BoF reports.
BoF compiles the most important professional moves of the week.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
LONDON, United Kingdom — Mulberry Group Plc, the U.K. luxury bag maker that recently parted company with its chief executive officer, reined back profit estimates for the second time in less than three months and said a plan to boost sales with more affordable new products will weigh on earnings.