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.
Dior veteran Olivier Bialobos has balanced heritage, innovation and unprecedented scale as he steered communications through the tenures of a succession of designers and three CEOS. "Desirability — not just visibility— has to be the target," he told BoF in The State of Fashion 2024.
Dior veteran Olivier Bialobos has balanced heritage, innovation and unprecedented scale as he steered communications through the tenures of a succession of designers and three CEOS. "Desirability — not just visibility— has to be the target," he told BoF in The State of Fashion 2024.
On Saturday, Dior landed in a rainy Mexico City to stage its latest destination show at Colegio San Ildefonso, a former Jesuit seminary turned canvas for Mexico’s great 20th-century muralists.
LVMH’s decision to pull the plug on the Fenty fashion label it launched with Rihanna only two years ago underscored just how elusive start-up success has been for Europe’s big luxury groups.
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.
The €300,000 award will be split equally between the eight finalists.
Chief Executive Michael Burke tells BoF about the effect of the pandemic shutdown on the business and the beginning of a return to normal in China.
Fabrizio Viti has worked with the likes of Tom Ford, Miuccia Prada, Marc Jacobs and Nicolas Ghesqiuère, and launched an eponymous label in 2016.
South African designer Thebe Magugu has been awarded the LVMH Prize, and will receive €300,000 and a year-long mentorship.
This week, Bergdorf Goodman announces its new chief operating officer, while LVMH appoints Delphine Arnault to its executive committee.
The multipronged group has shaken up its ranks of managers and designers, rolled out new e-commerce platforms and become a patron of the French technology scene.
Tokyo-based designer Masayuki Ino of Doublet was crowned the winner of the French conglomerate’s fashion award, while Rok Hwang was awarded the special prize after three selection rounds over five months of competition.
The conglomerate unveiled a Paris-based start-up programme which aims to support some 50 businesses a year, as Paris aims to become the leading start-up hub in Europe.
As one of two heirs apparent to the LVMH empire, the former McKinsey consultant now works at Dior and launched the LVMH Prize.
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.