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.
This week, Kering’s beauty strategy came into focus when the world’s second largest luxury fashion group announced that it is acquiring the niche fragrance brand Creed at a price close to $3 billion.
This week at fashion’s annual sustainability gathering, luxury giant LVMH called for a luxury-only sustainability initiative, while policymakers pressed for an end to throwaway fast fashion.
The French luxury group’s head of image and environment addressed criticism over its decision not to join existing industry sustainability initiatives, in which fast fashion players play a large role, and pushed for greater collaboration amongst luxury companies.
The French luxury group’s head of image and environment addressed criticism over its decision not to join existing industry sustainability initiatives, in which fast fashion players play a large role, and pushed for greater collaboration amongst luxury companies.
Discussions on the Olympics deal, being negotiated by Antoine, revolve around promotions focused on LVMH as a group, its two biggest fashion labels — the Louis Vuitton and Dior brands — as well as champagne.
For years, fashion’s top creative jobs have gone to a small pool of talent. The economic impact of the pandemic and demands for greater inclusivity may be changing that pattern.
This week, an unlikely alliance of fashion giants including Chanel, Hermès, Inditex and H&M agreed to a new set of climate commitments, but the industry is unlikely to overcome its sustainability challenge through self-policing alone.
This week, an unlikely alliance of fashion giants including Chanel, Hermès, Inditex and H&M agreed to a new set of climate commitments, but the industry is unlikely to overcome its sustainability challenge through self-policing alone.
The family-controlled French giants are well positioned to further dominate the luxury fashion sector. But neither can afford to ignore the threat of disruption.
This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
Weeks after a controversial meeting with President Donald Trump, LVMH executives, along with their Kering counterparts, are rubbing shoulders with China’s business and political elite including President Xi Jinping. How long can they maintain their delicate balancing act?
Weeks after a controversial meeting with President Donald Trump, LVMH executives, along with their Kering counterparts, are rubbing shoulders with China’s business and political elite including President Xi Jinping. How long can they maintain their delicate balancing act?
In a high-octane gathering of senior executives, the French luxury conglomerate mixed updates on its environmental progress with thinly veiled criticisms of its rivals.
While Kering moved to ban all models under 18, some of the biggest fashion companies haven’t followed suit.
Antoine Arnault is transforming an Italian footwear business into an upscale menswear brand and taking charge of communications at the conglomerate.
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.