BoF compiles the most important professional moves of the week.
MILAN, Italy — New York private-equity fund Blackstone Group has reportedly taken a 20 percent stake in Gianni Versace SpA, after a drawn-out bidding process that also included Investcorp and CCMP.
Less than six months after launch, new American label Baja East’s “loose luxury” styles, rooted in comfort and travel, are striking a chord with influential buyers and customers alike. BoF reports.
Twenty years after opening his first store, Steven Alan, the merchant, showroom operator and designer, sat down with BoF to discuss how he built his multi-pronged business.
Under pressure from international competition, unaffordable real estate and manufacturing woes, Australia’s fashion industry is facing a crisis. But there are signs of hope amidst the gloom.