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.
Brands must make the right moves to ensure that when their founders leave, the magic doesn't go with them.
Imran Amed sits down with the luxury e-commerce site's co-founder and CEO to discuss plans to enter the Chinese market and capitalise on the 'crystal ball' of data.
BoF’s Imran Amed sat down with Moda Operandi chief executive Ganesh Srivats and chief brand officer Lauren Santo Domingo at the BoF China Summit to discuss their growth plan to scale sustainably in China.
Moda Operandi filled the lucrative retail gap between runway and bargain bin. Now its CEO is targeting China.
Srivats, who spent 10 years at Burberry before his stint at the automaker, joins the luxury e-commerce company on August 1.
The luxury e-tailer will support young labels with marketing and product strategy while developing a design and manufacturing network.
From Rent the Runway to Refinery 29, BoF separates the break-outs from the flameouts.
With a foundation in straight-off-the-runway trunk show sales, the retailer is eyeing a global network of luxury showrooms and new categories such as fine jewellery, which has grown 190 percent year-on-year.
Brands must bring consumers into the buying process and build new production capabilities, so demand for new designs can be fulfilled in days, not months, argues Áslaug Magnúsdóttir.
Despite the success of services like NikeiD, mass customisation has yet to take off in fashion.
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
The Icelandic entrepreneur, Harvard MBA and Gilt Groupe alumnus co-founded Moda Operandi and now heads up D2C brand Katla.
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.