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 technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023.
The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
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"Apple is surprisingly good at building great AI. But is it good enough to beat Google?"
This week, logistics company ZTO Express set terms for what could be the largest US initial public offering this year and Alibaba introduced a new payment system that allows shoppers to make a payment by nodding.
BoF talks to key players at Condé Nast, Apple and the Costume Institute at the Metropolitan Museum of Art to unpack the meaning of its latest exhibit on the evening of the Met Gala.
Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
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Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Apple Inc. and China's state-owned credit card processor have announced plans to launch the Apple Pay electronic payment system in China.
Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
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.