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.
Fei Fei Sun
New Chinese Models Are Reshaping Global Runways
Local agencies are signing more models that don’t have classical Han Chinese features with knock-on effects for who gets cast by megabrands in Europe and the US.
Casting Chinese Models Is Complicated Business
Why many global fashion brands miss the mark — and therefore miss reaching their full potential in the Chinese market.
Instagram Backlash over First Vogue Hong Kong Cover featuring Gigi Hadid
"The magazine posted the first cover online, featuring Chinese models Fei Fei Sun and Hadid."
Vogue China: Past, Present and Future
As Vogue China marks its tenth year, BoF speaks to editor-in-chief Angelica Cheung, Condé Nast International CEO Jonathan Newhouse and Condé Nast China President Liz Schimel, to discuss the evolution of the magazine.
Company Snapshot
She was the first Chinese model to star in a Valentino advertising campaign and to cover Vogue Italia.
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.