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.
Trend forecasters are calling an end to the age of excessive consumption, while the resale platform says its tie-up with the hit reality show has converted millions to secondhand shopping.
The streetwear platform plans to launch its own private label before the end of the year and projects that its online shop will account for 50 percent of overall revenue within five years. Founder David Fischer talks about the new initiative.
The streetwear platform plans to launch its own private label before the end of the year and projects that its online shop will account for 50 percent of overall revenue within five years. Founder David Fischer talks about the new initiative.
The Hearst title's new digital director wants to set a fresh tone without sacrificing the viral content that’s made the website a success.
The Swiss luxury conglomerate's surprise offer of €2.7 billion for full control of Yoox Net-a-Porter has put the e-tail giant in play.
Odell, who oversees Cosmopolitan.com, is leaving the publishing house and will be replaced by Marie Claire's site director Jessica Pels.
The news network’s head of social media will replace Cindi Leive as the head of the magazine.
Other titles, including GQ, W and Glamour, will reduce frequency as the stalwart publisher works to reimagine itself as a leading digital player.
Troy Young, president of Hearst Magazines Digital Media, identifies seven principles for building a successful media business for the internet age.
Members of the fashion community, from Diane von Furstenberg to Hari Nef, share their immediate reactions to the US presidential election result, with many voicing defiance in the face of uncertainty.
BoF compiles the most important professional moves of the week.
Kate Lewis, senior vice president and editorial director of Hearst Magazines Digital Media, says "Fashion media is now about so much more than fashion."
Fashion theatre, consumer entertainment and a BoF event bringing the American fashion community together were all on the agenda in New York.
Following stints at The Cut and Buzzfeed, she grew readership among young, digitally-savvy women at the legacy title Cosmopolitan.
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.