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 British leather goods brand, whose shares have fallen 30 percent this year, said it expected a gradual recovery sales in the medium-term.
A surprising partnership between the British heritage handbag maker and one of Sweden’s coolest labels is launching today. BoF investigates why.
The British luxury brand said it had benefitted from well received new products and increased online sales, reporting annual pretax profit of £7.5 million.
Mulberry Group Plc said sales have improved since November as a new management team tries to restore the fortunes of the struggling UK handbag maker.
Mulberry Group Plc said careful cost control meant annual earnings were better than estimated, as a new management team tries to restore the fortunes of the struggling UK handbag maker.
BoF compiles the most important professional moves of the week.
Mulberry Group Plc, the troubled U.K. fashion brand, named Thierry Andretta as chief executive officer, ending a yearlong search for a replacement for Bruno Guillon.
"Buccellati, one of the last remaining independent Italian high-end jewellers, has named veteran fashion manager Thierry Andretta as chief
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.