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.
Shirley Cook
Proenza Schouler’s Co-Founder on What She’s Doing Differently the Second Time Around
With new collection Dyvna, Shirley Cook is looking to solve a problem for consumers who don’t want to spend thousands of dollars on a dress. Here’s her plan.
News & Analysis
Proenza Schouler Founders Buy Company Back in Major Shakeup
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.
Proenza Schouler Founders Buy Company Back in Major Shakeup
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.
What’s Next for Proenza Schouler?
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.
Addressing Fashion's Intellectual Property Conundrum
LONDON, United Kingdom — When reports first surfaced in March about the striking similarities between Proenza Schouler 's PS1 bag and Target's
Company Snapshot
Having guided Proenza Schouler from start-up to superstar brand, she stepped down following the company's sale of a minority stake to private equity firm Castanea Partners.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
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.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.