Asian names are well established on the fashion catwalks in America, and a new wave of Asian designers already accomplished at home hopes to follow suit at New York Fashion Week.
BoF compiles the most important professional moves of the week.
Michael Kors Holdings Ltd., a maker of designer clothing and handbags, will hold a secondary offering of 11.6 million shares to let the company’s biggest shareholder sell its stake.
It’s an Internet Age-old riddle: How do you know if clothing you buy online is going to fit and — more important — flatter you? Christian Wylonis wants to solve it with Fitbay, his Copenhagen-based startup, which matches you online with people of similar size and shape to see how clothing looks in real life.
Investment AB Kinnevik and Rocket Internet AG, the e-commerce accelerator founded by Germany’s Samwer brothers, agreed to combine five online fashion businesses to create a global powerhouse.
PVH Corp., owner of the Calvin Klein and Van Heusen clothing brands, rose in late trading after posting second-quarter profit that topped analysts’ estimates, helped by rising sales of Tommy Hilfiger apparel.
LVMH Moet Hennessy Louis Vuitton SA signed an accord with Google Inc. to tackle the advertising and sale of counterfeit goods online, ending a legal dispute between the two companies.
LVMH Moet Hennessy Louis Vuitton SA plans to distribute its stake in French luxury-goods company Hermès International SCA to its shareholders, ending a four-year battle over LVMH’s stake-building in the Birkin bag maker.
Zalando SE, Europe’s largest online shoe and fashion retailer, plans to sell as much as 11 percent of its shares in an initial public offering this year, marking a coming of age for a Berlin-based startup industry that has yet to produce a big sale or IPO.
Permira Advisers LLP is selling a stake valued at 846 million euros ($1.1 billion) in German fashion house Hugo Boss AG to institutional investors.