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.
Female impact investors are putting their money where their mouth is, backing sustainable fashion companies and hoping their bets pay off in more ways than one. But how savvy are values-based investments in the post-pandemic reality?
With more absences on the New York Fashion Week calendar than ever before, BoF looks back at a decade of changes and turmoil in America’s fashion capital.
The designer’s enchanting rise and predictable fall are emblematic of what’s wrong with the system.
The designer, whose brand is now owned by direct-to-consumer cashmere label Naadam, is hoping he can crack the code on affordable designer basics.
Charnas, whose licensing deal with Nordstrom is ending, has raised $10 million from Silas Chou and other investors to start a lifestyle brand headed by Naadam co-founder Matt Scanlan.
After a two-year sabbatical following a pause on his Silas Chou-backed namesake label, which is set to return this autumn, Panichgul is launching a personal passion project, Hommegirls, for women who shop menswear.
Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo.
With Entireworld, Scott Sternberg aims to unite the commercial savvy of a direct-to-consumer business model with the emotion of a designer-led brand.
Designers from Calvin Klein to Jil Sander have sold their names along with their companies. What is the smartest way to structure such deals?
The market is changing, but the fashion system isn’t changing with it.
‘See now, buy now’ was supposed to realign the industry’s media and retail cycles and boost sales. But as several market leaders revert to the old model, questions are piling up.
Silas Chou’s failed experiment at Thakoon is not the end of ‘see now, buy now,’ but it does underscore the limits of the approach for smaller brands and the sheer scale of investment and effort required to make it work.
The textiles veteran acquired and returned ailing apparel brands Tommy Hilfiger and Michael Kors to profitability.
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.