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.
On the back of a deal with the EU, luxury goods will become more affordable in Vietnam. Are brands investing heavily enough in what is one of the fastest-growing economies in the world?
In this next instalment of Market GPS, BoF examines Vietnam, a land of contradictions, where a single-party communist state doesn't mean a capitalist's fortune can't be made by brands ready to expect the unexpected and take a cautious, careful and flexible approach.
In this next instalment of Market GPS, BoF examines Vietnam, a land of contradictions, where a single-party communist state doesn't mean a capitalist's fortune can't be made by brands ready to expect the unexpected and take a cautious, careful and flexible approach.
The fashion retailer and tastemaker helped bring labels like Givenchy and Balenciaga to the burgeoning Vietnamese luxury market.
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.