Armed with huge sums of money invested at sky-high valuations, fashion start-ups are setting themselves up for failure. But with the right capital structure, any company that can build a brand that delights its customers can be an economic win for all involved, argues Lawrence Lenihan.
In battle-scarred Beirut, Sarah Beydoun of Sarah’s Bag has built an international accessories business built on unique bags handmade by former prostitutes and prisoners by putting her story second and fashion first.
Entrepreneur Toni Scervino and designer Ermanno Daelli have built rising Italian luxury label Ermanno Scervino into a business set to generate over €100 million in revenue this year.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
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.