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.
A new creative configuration will be announced soon, the Roman couture house said.
The designer has made deft experimentation with colour a hallmark of his aesthetic at the Roman house. Previously known for its signature red, Valentino has expanded its palette under Piccioli — from blistering magenta to dusty electric blues — turning the use of colour into a powerful brand signifier in the process.
The designer has made deft experimentation with colour a hallmark of his aesthetic at the Roman house. Previously known for its signature red, Valentino has expanded its palette under Piccioli — from blistering magenta to dusty electric blues — turning the use of colour into a powerful brand signifier in the process.
Members of the industry index including Pierpaolo Piccioli and Francesca Bellettini connected over cocktails and canapes in Paris, celebrating new entrants including Pharrell Williams, Karol G and Sabato De Sarno.
Momentum in China and tourist spend in Europe enabled the sector to continue growing in Q2, while Kering’s surprise acquisition of a 30 percent stake in Valentino suggests there is more consolidation to come, writes Imran Amed.
The French group has the option to acquire 100 percent of the Italian label within five years. Kering chairman François-Henri Pinault described the deal as a ‘first step’ in a broader partnership with Qatari investment fund Mayhoola.
Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.
The star-studded annual ceremony recognised a mix of established talent and rising stars, while also paying tribute to the late Queen Elizabeth II.
The Italian brand staged a couture spectacular on the Spanish Steps that proved to be as much a collection of Pierpaolo Piccioli tropes as a ‘dialogue’ with founder Valentino Garavani.
We expect extraordinary craft from Valentino, Schiaparelli and Sacai. The real challenge is making an emotional connection.
Haute couture, once the realm of unbridled dreams, is getting back to making clothes, reports Angelo Flaccavento.
The industry pays tribute to the much-loved designer, whose death was announced on Sunday.
… and the fashion industry said goodbye with a 45-designer salute and a major tycoon turnout, writes Tim Blanks.
After eight years sharing his role with Maria Grazia Chiuri, he took up the mantle as the Italian maison’s sole creative director.
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.