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.
The collaboration is part of the conglomerate’s larger strategy to capture the Indian market and is Sabyasachi’s first foray into beauty.
Mega-conglomerates Reliance Industries Limited and Aditya Birla Group have invested in more than a dozen Indian designer brands. There is more to the deals than meets the eye.
As the virus spreads and the economy falters, the country’s fashion industry is nearing crisis point. With sales down, stores closing and artisan supply chains under pressure, designers are digging deep to become even more entrepreneurial.
It is time to stop stigmatising brands because of where they’re made and blindly believing that ‘Made in the West' is always best.
From Levi’s and Gap to Issey Miyake, global brands are tapping the business potential of khadi, the fabric promoted by Mahatma Gandhi during India’s struggle for independence.
To mark the recent launch of BoF's latest print issue celebrating 'Modern Entrepreneurs," Imran Amed sits down with leading Indian bridal designer Sabyasachi Mukherjee and actress Deepika Padukone to discuss India's $50 billion bridal market.
To mark the recent launch of BoF's latest print issue celebrating 'Modern Entrepreneurs," Imran Amed sits down with leading Indian bridal designer Sabyasachi Mukherjee and actress Deepika Padukone to discuss India's $50 billion bridal market.
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
The designer, whose bridal pieces are worn by India’s billionaire heiresses and Bollywood superstars, has built a luxury brand that’s set to generate $35 million in revenue in 2019. Now, he’s on a quest to tap the lucrative fine jewellery market and take his business global.
Dramatic changes in the business landscape have made entrepreneurship a truly global phenomenon. But what does it take to build a successful venture in today’s turbulent yet opportunity-rich world?
South Asia’s fashion designers are fond of sending famous faces down the runway. But as Amazon India Fashion Week kicks off, how successful are these ‘celebrity showstoppers’ and can they backfire?
In an effort to clamp down on corruption, India has withdrawn 500 and 1,000 rupee notes. BoF examines how it could fundamentally change the way people shop.
India remains one of the most conspicuous growth opportunities for a global luxury market stuck in a rut.
The ‘Make in India’ campaign is raising the profile and prospects of India’s garment and textile industry.
An industry darling in his native India, he has a thriving bridal business and blends traditional textiles with modern design.
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.