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.
Two landmark bills taking aim at the industry’s environmental and social impact — the New York Fashion Act and the Fashion Workers Act — are back on the US state’s legislative agenda.
The industry’s biggest US trade groups are backing a Californian push for greater corporate climate disclosure. The move puts fashion ahead of many other sectors on a politically charged topic, but reporting alone won’t fix the industry’s sustainability challenges.
The industry’s biggest US trade groups are backing a Californian push for greater corporate climate disclosure. The move puts fashion ahead of many other sectors on a politically charged topic, but reporting alone won’t fix the industry’s sustainability challenges.
Over the last decade, the industry has ratcheted up its spending on lobbying efforts in the US. Now, emerging sustainability regulations are drawing increased attention.
From cracking down on greenwashing to planning for a challenging 2023, big thinkers from fashion and beyond shared their insights on the future of the fashion system in the second session of BoF VOICES.
Register now for the VOICES 2022 livestream, as we examine the opportunities and challenges ahead for the global fashion system.
Stella McCartney is among the backers of a new bill before the New York State Assembly that could step up disclosure and due diligence requirements for brands operating in the key market.
The biggest sources of emissions are hidden deep in the industry’s supply chain. Here’s how some brands and activists are looking to fix that.
Fashion is doubling down on ambitious promises to clean up its environmental impact, but bad and misleading data are complicating efforts to build a more sustainable industry.
Fashion’s activists and advocates are looking for ways to make sustainability as compelling as an ad for a new bag.
More than previous generations, millennnials want social responsibility and transparency from the brands they buy. Fashion companies that fail to change risk losing relevance, argue Maxine Bédat and Soraya Darabi.
The founder and director of sustainable fashion think tank New Standard Institute has helped spearhead the New York Fashion Act, an effort to toughen regulation in one of the industry’s biggest markets.
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.