Condé Nast Union Threatens Strike Ahead of Met Gala
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
Philipp Plein
Will Luxury Brands Start Accepting Crypto?
Philipp Plein is going for it, and some of the industry’s biggest brands have considered accepting Bitcoin, Ethereum and other blockchain-based payments. But the risks might still outweigh the benefits for more established players.
Sanahunt’s Oskana Moroz-Hunt on Developing Luxury Menswear in Ukraine
BoF sat down with Oksana Moroz-Hunt, president and founder of Sanahunt, to learn how the largest luxury store in Ukraine is developing its menswear business.
Five Investors Bid to Rescue Roberto Cavalli
The Tuscan company received three binding offers for taking over the whole group, one binding proposal for just some assets, as well as a non-binding expression of interest.
News & Analysis
Roberto Cavalli Closes US Stores, Will Liquidate North America Operations
Security guards ushered employees out of stores on Friday, and the Italian fashion house's US CEO has resigned alongside other senior-level executives. The brand is seeking an agreement with creditors to stay afloat as it searches for an investor.
Roberto Cavalli Closes US Stores, Will Liquidate North America Operations
Security guards ushered employees out of stores on Friday, and the Italian fashion house's US CEO has resigned alongside other senior-level executives. The brand is seeking an agreement with creditors to stay afloat as it searches for an investor.
Fashion Week
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
Kering Looks to Put Gucci's Rocky Month Behind It
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
What Fashion Can Learn from Angela Ahrendts’ Apple Exit
The longtime fashion executive may have optimised Apple’s retail strategy for the wrong things.
How Philipp Plein Made Bad Taste Big Business
The German designer’s over-the-top aesthetic has passionate devotees, but some are starting to say it’s too much.
Logo Row Between Puma and Fashion Philipp Plein Heats Up
The sportswear firm has won an injunction to stop fashion designer Philipp Plein from selling clothes in Germany bearing a tiger logo similar to its own leaping cat.
Power Moves | Wolford CEO Steps Down, Zuhair Murad names CEO
This week, Axel Dreher will succeed Ashish Sensarma as CEO at Wolford, while Zuhair Murad has tapped former Jil Sander CEO Alessandro Cremonesi to helm its ready-to-wear and accessories divisions.
Why Vetements is Moving to Zürich
The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.
Banana Republic Hires CEO, Creative Director Leaves Mac Cosmetics
This week, Mark Breitbard has been appointed as chief executive officer of Banana Republic, and Mac Cosmetic's creative director, James Gager, has left his post to join parent company Estée Lauder.
Planet Plein, Again
Plein's shows have become legendary for all the wrong reasons: they are aggressive, loud and unforgivingly late. Moving the spectacle to NYC changed none of that.
Company Snapshot
Along with his luxe leather and studded hightops, the German designer is known for his extravagant runway shows featuring rollercoasters, robots and cage fights alike.
The News in Brief
L’Occitane Announces Privatisation Offer
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
Vinted Moves Into Profit After 61% Sales Rise
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.
Spain’s Puig Sets IPO Price Guidance at Top of Range
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
L’Occitane’s Billionaire Owner Close to Possible $7 Billion Buyout Bid
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
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.
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.