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.
Tom Florio
Fashion Media Called Out Over Workplace Racism
Black employees are turning to social media to call out their employers for what they see as superficial support of the protest movement.
Another Shake-Up at Alexander Wang
Current CEO Lisa Gersh, a former Martha Stewart and Goop executive, is exiting the New York-based label after just one year in the position.
Paper Magazine Acquired by Tom Florio’s New Media Group
BoF can exclusively reveal that Florio and Paper’s Drew Elliott, together with strategic partner XRM Media, plan to invest in video and viral strategies while building off the magazine’s rich cultural history.
Alexander Wang Relinquishes CEO Role, Plants Seeds for New Direction
Former Goop and Martha Stewart Omnimedia head Lisa Gersh will assume the chief executive title, while ex-Farfetch marketer Stephanie Horton is joining as chief strategy officer.
New York Hosts Latest VOICES Conversation Ahead of BoF's Flagship Event in December
The BoF community gathered in New York to hear forward thinkers inside and outside fashion discuss the challenges — and opportunities — facing the industry.
In Fashion Media, 'Church and State' Dissolves
How are new currents in marketing impacting the relationship between fashion media and its readers?
The Business of Fashion and the CFDA Celebrate the Forthcoming #BoF500
Fashion's top players celebrated BoF and the American members of the #BoF500.
Despite Challenges, Trade Shows Remain Solid Business
In a digital age, success depends on execution and innovation.
Plans for New York Men’s Fashion Week Stalled
In a fast-growing men’s fashion market, plans to mount a New York Men’s Fashion Week, once expected to debut this July, appear to have stalled. BoF reports.
ESQ&A: Tom Florio, CEO of Advanstar and the Magic/Project Trade Shows
"Last week, men's-wear aficionados congregated in Las Vegas for the latest iteration of the Magic/Project trade shows, a seasonal summit where brands
Company Snapshot
He pioneered multi-media channels at Condé Nast, before leading one of the world’s largest portfolio of fashion trade shows and founding his own media company, which owns Paper magazine.
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.