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.
The LVMH brand is recording ‘more than double digit’ growth, generated by ‘natural upselling requested by clients,’ said chief executive Jean-Christophe Babin in an exclusive interview with BoF.
Bulgari CEO Jean-Christophe Babin and McKinsey senior partner Aimee Kim discuss what is driving the female-identifying hard luxury consumer to purchase today. BoF shares key insights.
The LVMH-owned luxury jewellery company is betting on a recovery in consumer demand, especially in countries like China which has seen an uptick in domestic spending.
Fine jewellery used to be all about the marriage proposal. But now, the likes of Bulgari and De Beers are serving consumers on the other side.
BoF sits down with Bulgari’s Chief Executive Jean-Christophe Babin to hear how the 136-year-old jewellery brand can nurture personal relationships with every client through digital technology and how it is equipping its workforce with the tools for growth.
BoF sits down with Bulgari’s Chief Executive Jean-Christophe Babin to hear how the 136-year-old jewellery brand can nurture personal relationships with every client through digital technology and how it is equipping its workforce with the tools for growth.
The luxury jewellery company seeks to double profits over the next five years by expanding its brick-and-mortar footprint in China.
The impact of China’s slowing growth on luxury-goods sales shouldn’t be overstated, according to Jean-Christophe Babin, chief executive officer of Italian jeweler Bulgari.
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.