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.
Alison Loehnis
Yoox Net-a-Porter’s ‘Painful’ Tech Upgrade Drags Down Richemont
A troubled technology and logistics makeover at the Richemont subsidiary interrupted the Swiss conglomerate’s grand plans to build a single platform for luxury e-commerce, amid growing competition for online sales.
Lucy Yeomans Exits Porter
Change is afoot at Net-a-Porter’s in-house media brand, five years after the launch of the magazine.
Net-a-Porter Stakes Its Claim to the Next Generation of Designers
The e-tailer hopes its new seasonal accelerator programme will help to keep it ahead of the competition at a time when consumers are thirsty for newness.
Inside Luxury's Personal Shopping Wars
Net-a-Porter, MatchesFashion and other e-commerce players are courting the 1 percent with private dinners, personal shoppers and couture.
The Human Cost of Next Day Delivery
Today’s consumers are demanding faster fulfilment, but next-day and same-day delivery can cost companies dearly and some workers are paying the price.
The Childrenswear Market Comes of Age
Growth in childrenswear has overtaken that of both menswear and womenswear.
Power Moves | Victoria's Secret CEO Resigns, Executive Hires at Calvin Klein
BoF compiles the most important professional moves of the week.
Part 3: What the Future Holds
What does the future hold for Yoox Net-a-Porter? Will the merger succeed? And now that Massenet has exited the business, what will she do next?
The Secret Deal to Merge Net-a-Porter with Yoox
The untold story of how Compagnie Financière Richemont agreed to merge Net-a-Porter with Yoox behind the back of Natalie Massenet for a valuation much lower than what many believed the business to be worth.
Power Moves | Net-a-Porter Names New President, Balenciaga Appoints Artistic Director
BoF compiles the most important professional moves of the week.
5 Women Leaders on Getting Ahead in Fashion
BoF asked women leaders from across the fashion industry for their advice on how to overcome three key hurdles between high potential women and top jobs.
Power Moves | Sarah Rutson to Net-a-Porter, Julie Gilhart to Mulberry, Coach Europe Expands
BoF compiles the most important professional moves of the week.
Company Snapshot
Tasked by Federico Marchetti to lead Net-a-Porter & Mr Porter as a part of Yoox Net-a-Porter Group, Loehnis joined the business in 2007.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
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.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.