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.
Christopher Suarez
LVMH and Nicholas Kirkwood to Part Ways
The split is due to be completed by the end of the year, LVMH said in a statement.
What It's Really Like to Be an Independent Fashion Brand During the Pandemic
A fledgling ready-to-wear label, a wholesale-dependent contemporary player and a venture capital-backed start-up share honest details as they battle for survival.
Power Moves | Maxim Names Editor, Nicholas Kirkwood CEO Exits, Cartier Appoints CEO
BoF compiles the most important professional moves of the week.
Week in Review | Teen Retailers, Nicholas Kirkwood, Fashion Recognition Apps, Kitsuné, Très Bien
Just in time for some weekend reading, we recap the week on BoF.
Retail
Nicholas Kirkwood Launches in Beijing in Next Step of Expansion Plan
Today, British footwear label Nicholas Kirkwood opens its first own-brand presence in China, in partnership with Beijing department store Shin Kong Place. BoF sat down with the designer and CEO Christopher Suarez to find out how this new ‘jewel in the crown’ fits into a global retail strategy propelled by investment from LVMH.
Nicholas Kirkwood Launches in Beijing in Next Step of Expansion Plan
Today, British footwear label Nicholas Kirkwood opens its first own-brand presence in China, in partnership with Beijing department store Shin Kong Place. BoF sat down with the designer and CEO Christopher Suarez to find out how this new ‘jewel in the crown’ fits into a global retail strategy propelled by investment from LVMH.
LVMH Eyes J.W. Anderson After Kirkwood Deal, Says Source
PARIS, France — LVMH is in talks to buy a stake in British fashion brand J.W. Anderson, a source close to the matter said on Friday after the No.1
Week in Review | BoF en Français, Mademoiselle C, Social Feeds For Sale, Rana Plaza, Stella Jean, Nicholas Kirkwood and LVMH
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Company Snapshot
His savvy, three-year business plan for partner Nicholas Kirkwood’s shoe label won them the prestigious BFC/Vogue Fashion Fund award.
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.