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.
On the first two days of Haute Couture Week, escapism was laced with a heavier side, reports Angelo Flaccavento.
The collection was quintessentially Valli with its elegance, attention to detail and well-coiffed Parisian femininity, but it came with the ease of a sketch, or as the designer put it ‘a stroll on the Mediterranean.’
Designers embraced the polar opposites of traditional womanliness and tailored, menswear-inflected power dressing.
The collection was both grand and joyous — part Parisian, part Roman per the designer’s DNA — and it worked very well.
This season, the designer marched forward with youthful élan.
Opting for an exhibition format in lieu of a traditional show, the designer reaffirmed the unique DNA of his maison: a constant face-off between the unremitting precision of pure lines and the frivolity of flowery frills.
This week everyone will be talking about Paris Couture Week, the fate of Forever 21 and Sonia Rykiel, and the end of Pride Month. Read our BoF Professional Cheat Sheet.
This season, the designer was in a particularly coquettish mood, but the collection was another exercise in Valli-ism, following a well-loved template.
The designer channelled the peak 1970s abandon of French couture, but the collection felt present, not nostalgic.
The Yoko Ono-inspired collection reconciled the irreconcilable, drifting from white to intricate prints, and back, with the freshness that's marked the designer’s work of late.
The collection did not make the slightest concession to the streetwear winds that have swept fashion of late, but it felt energetic and upbeat nonetheless.
From Afghanistan to the eclectic interiors of Gabriella Crespi, there was a lot to the mix. But it worked — not least because of the deliberate haphazardness of the way things were thrown together.
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.