LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Maximilian Davis, the buzzy British-West Indian designer will join Marco Gobbeti at the Italian luxury label; Farfetch’s Jeffery Fowler will join the watch company as it expands its e-commerce segment.
The Michael Kors chief executive’s departure came as a surprise to analysts; Adrian Sui will join the German sportswear brand.
Alasdhair Willis will spear creative direction across the sportswear brand; Longtime L’Oréal executive David Greenburg will helm the beauty conglomerate’s US team
Andrew Meslow has been suspended after sharing an offensive post on Instagram; the Katie Grand-led publication adds new Milan, New York and London-based editors.
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Former head of content at Dazed Media, Ahmad Swaid will helm the magazine; Jack Coughlin joins PVH.
The Pyer Moss designer’s last collection for the brand will be released in March; Bérangère Ruchat joins the Swiss luxury group.
Greek makeup artist Gregoris Pyrpylis will join the French luxury house, and Sophie Pera will continue to lead Tatler’s fashion team.
Rhude founder Rhuigi Villaseñor will lead the Swiss luxury brand; SMCP named a new board member.
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Liisa Kessler joins the Scandinavian label, Laurent Malecaze joins Dunhill from AZ Factory.
Tiffany Godoy will lead Vogue Japan, and Emily V. George joins Balmain.
Chanel has appointed Unilever human resources chief Leena Nair to the top spot, and executive vice president Michele Norsa will exit Ferragamo.
Theory executive Siddhartha Shukla will join France’s oldest couture house, as Alibaba replaced its long-standing CFO and shuffled its commerce leadership.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.