L’Occitane Announces Privatisation Offer
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
Godfrey Deeny
How Newspaper Supplements Took On Fashion Magazines
While commercial success among fashion magazines is uneven, supplements are a steady oasis of profitability. How are they doing it?
Pitti Uomo Holds Strong
Despite a two-day overlap with London's fast-rising menswear showcase, Florentine trade show Pitti Uomo remains one of the premier stops on the international menswear calendar.
Questioning the 'Senators' of Italian Fashion
BoF's editor-in-chief Imran Amed reports from the recent press conference held by the Camera Nazionale della Moda Italiana on the state of Italian fashion.
French Press | Formichetti's Moves, Rogier Vivier, H&M's New Retail Concept, Kris van Assche
BoF distills recent fashion stories from the French media.
Company Snapshot
The seasoned journalist, who has penned reviews for fashion's most respected publications, is known for his signature witty and forthright style.
The News in Brief
Vinted Moves Into Profit After 61% Sales Rise
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.
Spain’s Puig Sets IPO Price Guidance at Top of Range
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
L’Occitane’s Billionaire Owner Close to Possible $7 Billion Buyout Bid
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
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.
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.