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.
This week, everyone will be talking about the COP26 climate talks in Glasgow, new leadership at Capri Holdings and Chanel’s show in Dubai.
The Covid-19 crisis has made going it alone even harder for high-potential young labels. Brand platforms offer cash and critical operational support.
This week, Corey Smith was named vice president of diversity and inclusion at LVMH Inc., while Jimmy Choo veteran Hannah Colman was appointed chief executive of the luxury fashion house.
The parent company of Michael Kors, Versace and Jimmy Choo is bringing some of its footwear production in house with the addition of an Italian manufacturing facility.
Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo.
The leading luxury groups are missing out on the kind of value creation happening at companies like Farfetch, which is building the fashion industry of the future.
On the heels of the newly minted Capri Holdings' $2.1 billion acquisition of the Italian house, Donatella Versace, group head John D Idol and chief executive Jonathan Akeroyd talk future strategy.
In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house. But does it have what it takes to turn Versace's price tag into profit?
The American accessible luxury brand is the latest company to adopt a fur-free policy, effective in 2018.
This week, Valentino taps Marc Jacobs CEO Sebastian Suhl for the role of managing director of global markets, while Michael Kors names Francesca Leoni as chief brand officer.
Michael Kors, the handbag seller, faces the age-old retail question: can you have too many stores? It thinks it has the answer.
Affordable luxury brands can be financial juggernauts. But does their accessible pricing and widespread distribution mean they have an inherently limited lifespan?
The seasoned fashion executive spent a crucial decade taking American brand Michael Kors back to profitability.
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.