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.
Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?
In a climate of global uncertainty, luxury brands should consider revisiting the US and reviewing Latin American markets for growth opportunities, argues Charlotte Keesing.
Changing consumer sentiment and over distribution of product has hit the department store model hard in the challenging US market. Can executives win back the magic through a series of ambitious new year initiatives?
BoF compiles the most important professional moves of the week.
In a surprising turn of events, Marigay McKee has mutually agreed with Saks Fifth Avenue to step down as president only 15 months after taking the helm of the venerable luxury retailer.
You can find the correct answer and detailed explanation for each question immediately following the question (simply highlight to read), along with
LONDON, United Kingdom — In the heyday of department stores, fashionable ladies flocked to luxury emporiums like Le Bon Marché, Bergdorf Goodman,
LONDON, United Kingdom — Since the unveiling of the first BoF 500 last September, members of this influential global community have been making
Set to present his third CG by Chris Gelinas collection at New York Fashion Week, the Canadian-born, New York-based designer speaks to BoF on how he’s balancing early critical success with the challenges of running a fashion start-up.
How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Michael Kors, Angelica Cheung of Vogue China, and more.
How well have you read your BoF this week? Test your knowledge of all of the latest news and analysis from around the world of fashion in our Pop Quiz, which covers Michael Kors, Angelica Cheung of Vogue China, and more.
"They’ll tap technology to get up close and personal with individual shoppers, mine 'big data' for meaningful consumer insight, and invest heavily in
NEW YORK, United States — Saks Fifth Avenue President Marigay McKee plans to spend $1.25 billion refurbishing the luxury chain over the next two
The former president of Saks Fifth Avenue chain spent 15 years at Harrods, before being tasked with re-inventing the venerable American department store chain.
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.