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.
Gildan Activewear Inc. is spicing up its image with a bid for American Apparel Inc., the racy and embattled purveyor of jerseys and tights.
A turnaround plan to return to American Apparel’s roots and focus on basic items like T-shirts and skirts did not improve results enough.
This week, Laura Burdese was appointed as chief executive officer at Acqua di Parma, and Condé Nast promoted Edward Cudahy to chief technology officer.
Dov Charney is back, with a new company and plenty to say about the state of the fashion industry. But can he shoot down the albatross of his past? Charney speaks exclusively to BoF about what went wrong at American Apparel, his attempts to wrestle back control of the company he built and what he plans to do next.
Dov Charney is back, with a new company and plenty to say about the state of the fashion industry. But can he shoot down the albatross of his past? Charney speaks exclusively to BoF about what went wrong at American Apparel, his attempts to wrestle back control of the company he built and what he plans to do next.
"Schneider's decision to depart the company was entirely her own, according to her letter of resignation."
This week, London's The Times appointed Jeremy Langmead to lead its relaunched Luxx magazine, and Loewe named Céline's Pascale Lepoivre as its new chief executive officer.
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
American Apparel bought itself time and relief when it filed for bankruptcy protection on Monday, but there's still a long way to go if the struggling retailer is to pull itself out of a sales rut and win back shoppers.
American Apparel Inc. said it may not be able to sustain operations as a going concern for the next 12 months, even after the clothing chain increased its credit line.
American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.
American Apparel Inc. director David Danziger, who had served as co-chairman until December, resigned from the board on Sunday.
American Apparel Inc., the retail chain facing a legal fight with ousted founder Dov Charney, plans to raise money with a $10 million stock sale after posting a wider first-quarter loss.
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.