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.
The made-in-Africa fashion brand, founded in 2004 by Ali Hewson and Bono, is ceasing its current operations, BoF has learned.
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
How has the recent terror attack on Westgate Mall in Nairobi changed things for designers with manufacturing connections in Kenya? Marion Hume reports.
"Losses continued to mount last year at the ethical clothing company founded by Bono and his wife, Ali Hewson."
"Edun, the label founded by Ali Hewson and hubby Bono in 2005, announced that their creative director of six seasons Sharon Wauchoub is leaving the
Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
NEW YORK, United States — In the world of development economics, Jeffrey Sachs is a veritable rock star. He is the director of The Earth Institute,
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.