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 Kartsotis
Power Moves | MAC Cosmetics Names Marketing Lead, Tiffany Hires Ex-CEO of Barneys
This week, MAC taps a Coty marketing executive as part of its turnaround, while Daniella Vitale joins Tiffany as its first chief brand officer.
Elizabeth and James Leaves Contemporary Market Behind for Kohl's
Once a $50 million business, Mary-Kate and Ashley Olsen’s contemporary line closed its doors last year after an attempt to hew closer to The Row’s style fell flat. The brand will live on via a licensing deal with Kohl’s.
The Top M&A Targets in Accessories
Sales of handbags, shoes and other accessories are growing but emerging brands are struggling to break through without backing. BoF identifies the top 10 M&A targets in the space.
Why Steven Alan Entered a Licensing Deal With Jachs NY
The New York retailer is partnering with Jachs NY to bring back his classic styles while he focuses on downsizing and strengthening his own stores.
Tom Ford: What's Next
With his brand on track to hit nearly $2 billion in retail sales in 2017, the designer is on a quest for global dominance. Next up? New York Fashion Week.
Steven Alan Pivots Business to Focus on Namesake Brand
The pioneering New York retailer is in the midst of a major restructuring.
What You May Have Missed This Week
BoF brings you the top 7 fashion news and analysis stories of the week.
How Tom Kartsotis Is Banking on America
With Shinola, and now Filson, the founder of watchmaking behemoth Fossil wants to bring integrity to accessible luxury. But can he profit from good intentions?
Steven Alan, Multi-Tasking Merchant
Twenty years after opening his first store, Steven Alan, the merchant, showroom operator and designer, sat down with BoF to discuss how he built his multi-pronged business.
Week in Review | $38,000 Bags, Shinola, Adapting Tech's Shared Space Formula For Fashion, Sarah Angold, Trunks of Treasure, Andy Rogers
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Made in America | From Detroit's Urban Decay, Shinola Rises
Amidst the urban decay of Detroit, a shoe polish purveyor reborn as a luxury watchmaker is bringing hope to the city's beleaguered manufacturing industry.
Company Snapshot
His private equity firm's portfolio now includes Made in America brands like Shinola, Filson and Steven Alan.
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.