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.
Local luxury retailers are poised to succeed post-pandemic. Two industry veterans share their strategies.
More than ever, brands are relying on local retailers to supplant the downfall of major chains. How are these entrepreneurs navigating the era of Covid-19?
In recent weeks, three different groups of designers and retailers have proposed shifts to the industry’s product delivery and discounting calendars in a bid to create healthier, more profitable businesses. Can they pull it off?
The designer, whose passing was announced on Saturday morning, is remembered for his independence, compassion and creative genius.
The 2008 financial crisis put many local American retailers out of business, but the survivors are now stronger than ever.
In a world where many brick-and-mortar stores are struggling, the ability to curate a buy for the quirks of local taste has given some independent retailers rare power.
Monique Lhuillier is the latest designer to align with the Paris haute couture schedule.
"The fashion world, that is. Don’t believe it? Tag along to Paris and watch the seas part for Chicago’s imperious force of couture."
They had buzz, great stockists and industry support. What went wrong? Alexa Adams and Flora Gill speak exclusively to BoF about why it was time to close their nine-year-old business.
You can find the correct answer and detailed explanation for each question immediately following the question (simply highlight to read), along with
Less than six months after launch, new American label Baja East's "loose luxury" styles, rooted in comfort and travel, are striking a chord with influential buyers and customers alike. BoF reports.
At the forefront of luxury footwear, six designers making beautiful, covetable shoes have gained traction with consumers, established accounts with fashion-forward stockists, and racked up a handful of industry awards.
The straight-talking luxury fashion retailer is known for stocking young designers and being a very hands-on buyer and seller.
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.