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 week, the Canadian e-tailer announced investment from Sequoia Capital China at a valuation of more than $4 billion, signalling big ambitions to build on its success.
BoF can reveal the funding marks the first-ever external investment for the Montreal-based luxury e-commerce company, known for its curated selection of brands, ambitious editorial strategy and younger audience.
From his new base in Berlin, the former Yves Saint Laurent designer is breaking away from the traditional luxury model and building a fledgling fashion venture rooted in accessible pricing, digital sales and customer feedback. Can it scale?
The e-tailer that pioneered selling luxury streetwear to millennials is opening a five-storey flagship in Montréal. The next challenge: building a billion-dollar global business while keeping its cool.
The Canadian Arts & Fashion Awards — which honoured Iris Apfel, Erdem and BoF’s Imran Amed, among others — draws international attention to Canadian fashion visionaries working at home and abroad. But the organisation has bigger ambitions.
The Canadian Arts & Fashion Awards — which honoured Iris Apfel, Erdem and BoF’s Imran Amed, among others — draws international attention to Canadian fashion visionaries working at home and abroad. But the organisation has bigger ambitions.
As head of one of Canada's most influential e-tailers, he successfully explores the nexus between content, commerce and culture through the Ssense platform.
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.