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.
Money for fashion’s start-up scene hasn't dried up entirely, but investors say they are backing concepts that cater to shoppers who are hyper-aware of their finances, health and the planet.
The Saks Fifth Avenue owner's move comes amid attempts to bolster its outlet stores.
The internet has disrupted the way brands and retailers turn designs into the sort of products that fly off shelves, elevating the role of the merchandiser. Companies that encourage collaboration and intuition informed by data can stay a step ahead.
How Ashley and Mary-Kate Olsen built the most successful American fashion brand of their generation.
The luxury retailer recently filed for bankruptcy protection, owing $1.6 million to Prada and millions to other Kering and LVMH labels.
Designers Jack McCollough and Lazaro Hernandez have bought out private equity firm Castanea Partners with the support of private investors, installing a turnaround specialist as chief executive to revive the flagging brand’s fortunes.
Designers Jack McCollough and Lazaro Hernandez have bought out private equity firm Castanea Partners with the support of private investors, installing a turnaround specialist as chief executive to revive the flagging brand’s fortunes.
The multipronged group has shaken up its ranks of managers and designers, rolled out new e-commerce platforms and become a patron of the French technology scene.
From Hermès and LVMH to H&M and Ralph Lauren, family control can be a benefit — or a liability.
Private equity firms are steering clear of traditional fashion brands, but those with disruptive models remain prized acquisitions.
This week, Estée Lauder taps French makeup artist Violette as its global beauty director, while Burberry announces changes to its board of directors.
With a new business strategy taking shape and a Paris runway debut only days away, Jack McCollough, Lazaro Hernandez and chief executive Judd Crane share their plans with BoF.
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
The former president and chief merchandising office of Saks Fifth Avenue led private equity firm Castena’s investment in Proenza Schouler.
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.