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.
Marcelo Burlon
The Fashion World Remembers Virgil Abloh
The industry pays tribute to the much-loved designer, whose death was announced on Sunday.
Opening Ceremony Acquired by Off-White Backer New Guards Group
Founders Humberto Leon and Carol Lim will remain co-creative directors of the brand and the stores will close in 2020.
In Milan, A Mix of Formality and Sensuality
From DSquared2 to N.21 to County of Milan, masculine liberation mingled with new formality.
Meet the 'Independent Record Labels' of Fashion
A crop of platform-like brand incubators, from New Guards Group and Tomorrow to Dover Street Market Paris, are spinning up new fashion labels for a hype cycle that’s moving faster and faster.
Luxury
Why Farfetch Bought New Guards Group
The luxury marketplace bought New Guards, which operates streetwear sensation Off-White, for a total value of $675 million and plans to tap into the group to launch 'brands of the future.' In after-hours trading, Farfetch shares plunged by over 40 percent, marking an all-time low for the stock.
Why Farfetch Bought New Guards Group
The luxury marketplace bought New Guards, which operates streetwear sensation Off-White, for a total value of $675 million and plans to tap into the group to launch 'brands of the future.' In after-hours trading, Farfetch shares plunged by over 40 percent, marking an all-time low for the stock.
A New Agenda at Marcelo Burlon
What paraded down the long catwalk was perfectly easy and certainly desirable, with little fashion pretence.
Luxury
The Mystery Mogul Behind Off-White
The opaque Milanese holding company New Guards Group has birthed many of luxury streetwear’s most-hyped brands, including Off-White, Palm Angels, County of Milan and Heron Preston. In his first-ever interview, quiet mastermind Davide De Giglio reveals how he has built a business that will generate €420 million in sales this year.
The Mystery Mogul Behind Off-White
The opaque Milanese holding company New Guards Group has birthed many of luxury streetwear’s most-hyped brands, including Off-White, Palm Angels, County of Milan and Heron Preston. In his first-ever interview, quiet mastermind Davide De Giglio reveals how he has built a business that will generate €420 million in sales this year.
Where Are Italy’s Fearless Wunderkinds?
In Milan, new names filled the schedule, but most of them lacked the ballsy fearlessness that made legends of the last generation, reports Angelo Flaccavento.
In Milan, the Streetwear Bubble Has Officially Burst
At County of Milan, MGSM and DSquared2, change was afoot to different degrees, reports Angelo Flaccavento.
Virgil Abloh: ‘I Am Not a Designer’
The Off-White founder and Wizard of Oz fan isn’t just making clothes. He’s blazing his own Yellow Brick Road from nowheresville to the Emerald City of Paris and reprogramming Louis Vuitton in the process.
In Milan, Escaping the Sportswear Trap
Milan seems to have turned into sportswear fashion week — it's time to move on and test new grounds, writes Angelo Flaccavento.
A Leap Forward at Marcelo Burlon County of Milan
The designer didn't break new ground, but he delivered a refreshing evolution by tweaking his formula with industrial graphics and straightforward shapes.
Company Snapshot
The creative mastermind behind the Milan-based fashion label also organises events for brands like Alexander McQueen, Gucci and Raf Simons.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
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.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.