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.
A landmark exhibition at London’s Victoria & Albert Museum and an upcoming Métiers d’Art show in Manchester are part of Chanel’s ‘British moment,’ president of fashion Bruno Pavlovsky tells Tim Blanks.
From Gabrielle "Coco" Chanel's early years on the Rue Cambon, launching Chanel No.5 and the now iconic 2.55 handbag, to how the business operates today, BoF answers your questions on what is regarded as the world's most desirable luxury fashion brand.
In the fourth instalment of BoF’s fashion history series, we meet the creator of the ‘little black dress,’ who took her cues from a country in mourning. Gabrielle ‘Coco’ Chanel, the designer doyenne who founded fashion’s most famous house, used her lovers’ money to establish herself and rewrote the rulebook with her mannish collections.
In the fourth instalment of BoF’s fashion history series, we meet the creator of the ‘little black dress,’ who took her cues from a country in mourning. Gabrielle ‘Coco’ Chanel, the designer doyenne who founded fashion’s most famous house, used her lovers’ money to establish herself and rewrote the rulebook with her mannish collections.
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.