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.
Geoffroy de la Bourdonnaye
Richemont's Fashion Business: A Health Check
The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?
How ‘Big Luxury’ Stays on Top
Whether or not a deal goes through, LVMH’s $14.5 billion Tiffany takeover bid is another sign that the giants that dominate the luxury sector are becoming more powerful. Why is this happening? What risks do they face? And what can smaller players do to compete?
Power Moves | Riccardo Bellini Moves to Chloé, Burberry Adds to Board of Directors
This week, Chloé taps Maison Margiela’s CEO, while Burberry appoints an Asia-based drinks executive to its board of directors.
Beach-Phobic No More: Bikini Envy Hits China
As China dares to go bare, can international retailers such as Zara and H&M compete with domestic manufacturers and reap the rewards?
Why Mini-Me Dressing Is Big Business
Matching mother-daughter dressing may tread the line between cute and tacky, but it is a trend that luxury brands like Gucci and Dolce & Gabbana are banking on as women look to dress their children in miniature runway pieces.
Richemont Ramps Up Chloé Investment as Watches Languish
Chloé has been a rare bright spot for Richemont, which is ramping up investment in the brand as new artistic director Natacha Ramsay-Levi takes the creative helm.
France at a Crossroads: Fashion Reflects on a Monumental Election
France is choosing between presidential contenders with radically different visions. What’s at stake for the luxury industry? BoF caught up with the French fashion elite at the 32nd Hyères Festival.
News Bites | Chloé Names Natacha Ramsay-Levi Creative Director, Lubov Azria Exits BCBG
In today's News Bites, Chloé confirms reports that Natacha Ramsay-Levi is to succeed Clare Waight Keller, while Lubov Azria has left her role as chief creative officer at BCBG Maz Azria.
A Woman's Work: How Women Can Get Ahead in Fashion
Women are, by far, the primary consumers of fashion, but remain underrepresented in top creative positions. On International Women’s Day, Maria Grazia Chiuri, Tory Burch, Julie de Libran and more weigh in.
The Shifting Jigsaw Puzzle of Fashion Week Schedules
This season, all four fashion capitals will see brands from Givenchy and Pucci to Chloé and The Row moving their slots. Why the big change around?
Pop Quiz | Comme des Garçons, Puma, Christie’s
How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Comme des Garçons, Puma, Christie’s and more.
Do Diffusion Lines Still Make Sense?
In the face of fierce competition and heavy cost structures, some brands are rethinking the logic of their diffusion lines.
Company Snapshot
The French executive previously spearheaded the turnaround at department store Liberty fortunes and has quietly worked his magic at Chloé during his tenure.
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.