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.
This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.
Global brands need to up their game if they want to compete with fast-moving Chinese beauty players building billion-dollar businesses that are fine-tuned for the local market.
Rihanna’s Fenty Beauty, Drunk Elephant, Charlotte Tilbury and others are using a variety of tactics to bypass a Chinese law that mandates animal testing for foreign brands.
China's streetwear market is turning to women, Kim Kardashian is hoping to keeping up with the country's consumers, and Huawei chief financial officer Meng Wanzhou was released on bail in Canada. Read China Decoded to make sense of the market.
The world’s longest sea-crossing bridge could impact the region's retail and manufacturing sectors, Gucci and Zegna are victorious in their intellectual property disputes, and Bytedance is now the world's most valuable startup. Read China Decoded to make sense of the market.
The world’s longest sea-crossing bridge could impact the region's retail and manufacturing sectors, Gucci and Zegna are victorious in their intellectual property disputes, and Bytedance is now the world's most valuable startup. Read China Decoded to make sense of the market.
No one is pushing the country's fashion market further or faster than billionaire rivals Jack Ma and Pony Ma, the founders of Alibaba and Tencent.
BoF investigates how brands are leveraging WeChat’s mini-programmes to create dopamine-fuelled shopping experiences that are viral, interactive and hyper-social.
Alibaba switches focus to brick-and-mortar shops in the department store sector as part of global expansion, weeks after Amazon closes deal with Whole Foods Ltd.
The $3 billion venture, with one of China’s richest men, was launched barely two years ago, with the ambition of revolutionising mall shopping.
Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.
About 20 percent of China’s 200 or so billionaires can thank the fashion business for at least part of their fortunes. But how did these fascinating characters get to the top?
Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population.
Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population.
The founder of the company behind WeChat is setting his sights on fashion, with a number of investments in the space.
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.