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.
As yet another fashion retailer closes its doors, NSTO Chief Executive Chris Bossola breaks down the challenges facing the indie group and what they say about the state of the market.
Expanding a brand into high double-digit sizes comes with challenges. BoF looks at how to overcome the hurdles.
The founder and former chief executive of Totokaelo, which opened an ambitious store in New York last autumn, is exiting the young luxury retailer, shortly after it was acquired by Herschel Capital Corp.
On the eve of Totokaelo’s New York store opening and the launch of its own ready-to-wear line, the founder and chief executive talks about her start in Seattle, global expansion plans and why e-commerce is the most important part of her business.
On the eve of Totokaelo’s New York store opening and the launch of its own ready-to-wear line, the founder and chief executive talks about her start in Seattle, global expansion plans and why e-commerce is the most important part of her business.
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.