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.
His eponymous label has been for sale for a quarter of a century, though do not bother haggling over the price: the fashion designer who pioneered brand licensing will not entertain offers below €1 billion
Fast Retailing May Buy Bigger Rival in U.S., Europe on Yen (Bloomberg) "Fast Retailing Co., Asia's largest clothing chain, may buy a bigger rival in
The Luxury Frontier (WSJ) "What happens when a country previously hindered by vastness and foreign rule awakens to wealth on its doorstep? With Louis
Fast Fashion | Source: Sydney Loves Fashion
Alexander McQueen in All His Dark Glory (IHT) "The exhibition, which celebrates Mr. McQueen's wild, unfettered and dark imagination: gothic
Pierre Cardin: One Step Ahead of Tomorrow (IHT) "It is 60 years since Pierre Cardin, fashion's eternal futurist, opened his Paris fashion house; half
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.