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.
Lojas Renner SA, the Brazilian retailer that J.C. Penney divested in 2005 for $230 million, is now worth $7.9 billion, as shoppers continue to buy in brick-and-mortar stores.
"To travel with a collection and do something exotic is a very Louis Vuitton idea."
Speedo USA severed its sponsorship of U.S. swimmer Ryan Lochte after he admitted to making up a story about being robbed at gunpoint while in Rio for the 2016 Olympics. Ralph Lauren also said it would not renew his contract.
Nike chief marketing officer Greg Hoffman explains how the company is tapping the Olympic opportunity ‘not only through storytelling but also through product and services.’
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With the Rio Olympics around the corner, sport giants are getting innovative with their performance apparel.
With the 2016 Olympic Games just days away, corporate executives are divided on the business impact they expect to see.
Facing a weak economy and widespread government corruption, Brazil’s luxury consumers are weary. Yet fashion brands continue to invest in the country.
Brazil’s crisis is serious and widespread, but the market remains critical to Louis Vuitton's long-term strategy.
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Investment firm Blackstone Group LP on Sunday said it is not considering an acquisition of Brazilian shopping mall operator BR Malls Participacoes SA, denying a report published early in the day by newspaper O Globo.
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
Dozens of major companies and specialty brands that are not official Olympics sponsors have applied to run advertising campaigns featuring athletes ahead of the Rio 2016 Olympic Games, taking advantage of new rules that are shaking up the business of marketing surrounding the event.
The biggest global sportswear brands are gearing up for the world’s biggest sporting event in its most photogenic and body-conscious city. How will they tap the opportunity?
Nike Inc. is once again defending a 1996 sports marketing contract in Brazil following new allegations by the US Department of Justice that corrupt Brazilian soccer officials were paid bribes.
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.