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 French luxury giant is betting on higher prices and a suite of emerging supply-chain initiatives to help keep growing its business while cutting total greenhouse gas emissions.
Can a business based on changing our clothes change its ways?
Kering brands like Gucci and Bottega Veneta banned fur years ago, but the French luxury group is extending the policy across all its labels.
This year, Ralph Lauren and Lululemon have joined the likes of H&M Group, Kering and Chanel in pouring money into innovations that could reduce the industry’s environmental impact.
The Covid-19 pandemic has put financial pressure on businesses, threatening their sustainability agendas. But aligning profit and purpose, and fulfilling responsibilities to the planet and communities of people beyond shareholders may matter more than ever to long-term success.
The Covid-19 pandemic has put financial pressure on businesses, threatening their sustainability agendas. But aligning profit and purpose, and fulfilling responsibilities to the planet and communities of people beyond shareholders may matter more than ever to long-term success.
Female impact investors are putting their money where their mouth is, backing sustainable fashion companies and hoping their bets pay off in more ways than one. But how savvy are values-based investments in the post-pandemic reality?
The industry has yet to solve the trade-off that selling more clothes, bags and shoes fundamentally requires more resources.
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
Carbon offsets are a tempting solution to fashion's climate problems, but they're no quick fix for the complex challenges facing the industry.
Brands are signing up to sustainability initiatives like they’re invitations to fashion week’s hottest parties. The jury’s out on whether their commitments will translate into real industry reform.
While Kering moved to ban all models under 18, some of the biggest fashion companies haven’t followed suit.
LVMH won't be participating in a new climate initiative spearheaded by rival Kering — the latest example of the challenge the industry faces in setting common goals to tackle major systemic issues.
She was an environmental adviser to a former French prime minister and is passionate about making luxury brands more sustainable.
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.