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 owner of Coach and Kate Spade is making its “most significant investments” in expanding distribution in the domestic Chinese market.
Ahead of her New York Fashion Week debut, new creative director Nicola Glass shares her plans for the Tapestry-owned brand, and her tribute to its founder.
Quarterly sales rose 31 percent to $1.48 billion helped by higher demand for Kate Spade handbags.
Second-hand online retailers have seen average prices of used merchandise increase several times over.
Scotch & Soda has appointed Ralph Rijks as its new chief marketing officer, while Anna Bakst has joined Tapestry as chief executive and brand president of Kate Spade.
BoF's guide to the changing fashion calendar tracks new operating models and approaches, brand by brand.
Kate Spade founders Kate Valentine and Andy Spade talk to BoF about their decision to launch new accessories line Frances Valentine, what’s different this time around and the dynamics of a 30-year-long personal and professional partnership.
Kate Spade founders Kate Valentine and Andy Spade talk to BoF about their decision to launch new accessories line Frances Valentine, what’s different this time around and the dynamics of a 30-year-long personal and professional partnership.
"The new line didn’t resonate with the traditional Kate Spade shopper, and the company had to build a base of younger consumers from scratch—a tough
Kate Spade & Co., the handbag maker working to become a global lifestyle brand, will close stores devoted to its lower-priced and men’s lines while starting a new joint venture to speed its growth in China.
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
The Savigny Luxury Index fell 2.2 percent over the month, as adverse foreign exchange movements continue to weigh on the luxury sector’s growth.
BoF compiles the most important professional moves of the week.
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.