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.
Bouchra Jarrar
Did Digital Couture Week Work?
This season's Haute Couture Week was basically video week. Modern? Sort of. There was a lot of MTV to the proceedings, if without the creative energy and anarchy, writes Angelo Flaccavento.
Lanvin Appoints New Creative Director
Bruno Sialelli has been appointed as creative director of the French luxury fashion house.
Another Leadership Shake-Up at Lanvin
The changes follow the acquisition of a majority stake in the troubled fashion house by Chinese conglomerate Fosun Group last month.
Lanvin's Jet-Set Woman
Olivier Lapidus' sophomore collection was a step forward from a disastrous debut.
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Should Fashion Brands Bet on Star Designers?
There are advantages to hiring a star designer who knows how to feed the voracious publicity machine, argues Alexandra Shulman.
Report: Lanvin in Financial Trouble, Sales Expected to Slump 30 Percent
Auditors for the fashion house have filed a warning with a commercial court in Paris over its financial situation, say sources.
A Very Different Lanvin
Nothing could save Olivier Lapidus' empty reiteration of Lanvin’s legacy, hell bent on drumming home the house logo in every way, shape and form.
Luxury Sector Posts Strong Results, but Caution Prevails
First-half results could not have been better, but warnings of a more uncertain path ahead curbed investor enthusiasm for luxury.
Can Anyone Save Lanvin Now?
With revenues sharply down and the departure of its latest artistic director after only 16 months, the world’s oldest continuously running fashion house is facing a downward spiral.
Power Moves | Mansur Gavriel's New President, Shiseido’s Plan For BareMinerals
This week, Shira Sue Carmi joins Mansur Gavriel as it looks to expand into ready to wear, while Shiseido Americas taps Susan Jurevics to develop its bareMinerals brand.
Olivier Lapidus Joins Lanvin Amid Plans to Make Brand ‘A French Michael Kors’
Lapidus joined Lanvin as artistic director on Monday, replacing Bouchra Jarrar, who exited the company last week.
Company Snapshot
The experienced couturier sat at the creative helm of France's oldest fashion house for 16 months.
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.