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.
Paul Smith
The BoF Podcast: Paul Smith on the Past 50 Years
The designer speaks with BoF Editor-at-Large Tim Blanks about how the current moment is shaping the future of creativity.
Retail
At Cegid, Unifying the Shopping Experience Across Touchpoints
Global retail software company Cegid shares its insights on how unifying the shopping experience can help create competitive advantage in luxury and fashion retail, from omnichannel sales and fulfilment to expanding the role of the store.
At Cegid, Unifying the Shopping Experience Across Touchpoints
Global retail software company Cegid shares its insights on how unifying the shopping experience can help create competitive advantage in luxury and fashion retail, from omnichannel sales and fulfilment to expanding the role of the store.
Paul Smith: ‘I’m Still Blessed With Enjoying Every Day’
"It's 50 years since Paul Smith wandered into a windowless room in Nottingham and opened for business."
Power Moves | Hunter Creative Director Departs, LOVE Names Senior Editor
This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.
Company Snapshot
The British menswear stalwart made a name for himself with his ‘classics with a twist,’ going on to build a global brand also known for its men's and womenswear, homeware, accessories and fragrances.
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.