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.
Stella Bugbee
Hearst Is Still Searching for an Editor for Harper’s Bazaar. Here’s Why.
Print’s challenges might not matter to some who dream of following in the footsteps of Liz Tilberis and Glenda Bailey. But many of today’s editors have other aspirations.
Can Balenciaga Become a Megabrand?
How long can designer Demna Gvasalia keep the meme-able hits coming? As Balenciaga crosses the billion-euro sales mark, Chief Executive Cédric Charbit speaks exclusively to BoF about the past, present and future of the Kering-owned house.
Where Does the Vox-New York Merger Leave The Cut?
New York magazine’s women’s vertical has succeeded because it's been able to take risks. Will it be given that same freedom within a new, supercharged organisation?
Despite W’s Woes, There’s Still Space for Good Magazines
Giant audience numbers won’t save American magazines from obsolescence, but being excellent just might give a few choice titles a chance at long-term survival.
Power Moves | Maus Frères International Announces New Kooples CEO, Tapestry Appoints COO
This week, Romain Guinier joins The Kooples as CEO following its acquisition, while Tapestry taps a VF Corp executive for the role of chief operating officer.
Power Moves | Vogue Italia Names Creative Director, Elle UK Announces Editor-In-Chief
This week, Vogue Italia appoints Ferdinando Verderi creative director, while Hearst UK names Ann-Marie Curtis’ replacement.
Cathy Horyn: 'I Support People Who Have Guts'
Fashion critic Cathy Horyn talks about navigating emerging designers, new media and nostalgia, courtesy of 1 Granary.
The Great Media Shakeup
What does the unprecedented changing of the guard at Vanity Fair, Elle and Glamour spell for the future of fashion media?
Robbie Myers to Exit Elle Magazine
According to sources, Hearst has already selected a successor and is set to make an announcement shortly.
A New Chapter at the Cut
With newly promoted editor-in-chief and president Stella Bugbee at the helm and a fresh site design, New York magazine’s women’s vertical cements its transformation from fashion blog to feminist media brand.
Choire Sicha Named Editor of The New York Times Styles Section
The former Gawker editor, known for his part in shaping the voice of internet-era journalism, landed the highly coveted role on Friday.
Power Moves | Stella Bugbee Appointed The Cut President, Farfetch Names CMO
Stella Bugbee has been promoted to president and editor-in-chief of New York Magazine's The Cut, while Farfetch names John Veichmanis as its new chief marketing officer.
Company Snapshot
Under Bugbee’s leadership, The Cut became an authority for Millennial women thanks to its expanded coverage of politics, motherhood, health and careers.
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.