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 Shanghai Fashion Week returns to business as usual, organisers and retailers in Tokyo and Seoul are turning their focus to homegrown talent.
Amorepacific rode the K-beauty wave to become one of Asia’s most powerful cosmetics empires, surpassing beauty sales of Chanel and LVMH. But as it grapples with a patent battle and a turbulent China market, some wonder whether its heyday might be over.
Amorepacific rode the K-beauty wave to become one of Asia’s most powerful cosmetics empires, surpassing beauty sales of Chanel and LVMH. But as it grapples with a patent battle and a turbulent China market, some wonder whether its heyday might be over.
Global players from Givenchy Beauty to Sephora are targeting the growing opportunity in South Korea, but a phalanx of homegrown brands stands in their way.
While the explosive popularity of puffer jackets is a boon for outerwear brands like The North Face and Moncler, the trend highlights some uncomfortable truths about South Korean society.
It was easy to get distracted by the catwalk spectacle at last month’s Seoul Fashion Week, but the city’s real stars are its retailers who keep young international designers afloat.
South Korea's retail sector has long been dominated by major conglomerates, but the country’s new president seems prepared to take a harder stance against the country's so-called 'chaebols.'
Seoul Fashion Week kicked off on Monday but the city’s retail market is suffering because of a showdown with China, domestic instability and a new anti-graft law.
They may work behind the scenes, but these talent spotters, agents and educators are essential to making the fashion machine tick. Meet the 15 catalysts who are new to the #BoF500 this year.
With a strong manufacturing base, government funding and a globe-conquering pop culture, Seoul Fashion Week wants to become a destination for international buyers. But it won’t be easy.
Featuring celebrity endorsements, accessible price points and a mega-watt K-pop soundtrack, South Korea’s designer showcase wrapped up this weekend in a heady mix of fanfare meets fan culture.
A veteran designer in his native Korea, he put Seoul Fashion Week on the international map.
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.