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.
Mark Derbyshire
Reinventing The Department Store
LONDON, United Kingdom — In the heyday of department stores, fashionable ladies flocked to luxury emporiums like Le Bon Marché, Bergdorf Goodman,
Black Gold Fuels Fashion Boomtowns
PERTH, Australia — It is shortly after noon in Western Australia's state capital and Tony Sage is feeling mighty chipper. A scrum of well-wishers has
News & Analysis
Pop Quiz | Private Equity, Amazon Partners, Tod's Group, Chris Gelinas
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 private equity, Chris Gelinas, Tod's Group and more.
Pop Quiz | Private Equity, Amazon Partners, Tod's Group, Chris Gelinas
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 private equity, Chris Gelinas, Tod's Group and more.
US Chains Court Canada's Luxury Shoppers
Luxury shoppers in Canada, for years ignored by upscale American chains, are finally getting some respect. Nordstrom Inc., the largest U.S. luxury department-store chain, plans to open six Canadian stores this year through 2017.
Company Snapshot
Thanks to his emphasis on quality service, the Canadian executive has played an integral role in shaping some of the world’s top department stores.
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.