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 centrifugal force that once held New York Fashion Week together is losing its strength but that’s not necessarily a bad thing for the likes of Sies Marjan, Rodarte, Prabal Gurung and Opening Ceremony.
Having departed to Paris Couture Week three seasons ago, the brands rejoin New York royalty including Marc Jacobs, Tory Burch and Ralph Lauren.
The Rodarte sisters' work has occasionally been labelled pretty, but there’s always something weird too.
The Los Angeles-based label will host an intimate presentation in Paris this season, with plans to align its runway collections with the couture schedule starting in July 2017.
The Mulleavy sisters took inspiration from the bees in their Pasadena backyard, resulting in swathes of honeycomb tulle, drifts of pollen-shaped embroideries and a honey-toned colour palette.
The innate theatricality of the Mulleavy sisters' clothes worked to their advantage here, but the question lingers as to whether they can build a sustainable business.
The sisters have earned critical acclaim for their intricate, costume-like collections, inspired by the art world and their California base.
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.