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.
A group co-founded by Lindsay Peoples Wagner and Sandrine Charles will partner with companies to advance Black professionals and release a yearly index score measuring diversity.
The Swiss luxury-goods maker’s employees are reportedly frustrated about increases in senior executive compensation when most directors got pay cuts.
The YNAP menswear site’s longtime managing director is the most recent to leave the Richemont-owned group, which has experienced a string of senior departures, according to multiple sources.
At a time when e-commerce and digital marketing are mere table stakes, fashion companies are locked in a race for innovation. The first challenge? Recruiting tech talent.
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Rebooting analogue organisations for a digital world starts with building the right team with the right talent profile.
The company is bolstering its program for 16- to 24-year-old workers from low-income neighborhoods with no recent employment history.
Srivats, who spent 10 years at Burberry before his stint at the automaker, joins the luxury e-commerce company on August 1.
The newly named executive, Janey Whiteside, will be responsible for both Walmart stores and its e-commerce offerings.
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Marciano and Guess reached settlement agreements with five people totaling $500,000 to avoid 'the cost of litigation and without admitting liability or fault,' according to the company.
The retailer, long known for its downtown cool, has eliminated most of its in-house label’s design team as part of broader restructuring.
Joining the likes of Estée Lauder and Walmart, the jeweller will offer up to 14 paid weeks for new parents. Tiffany’s chief executive says the move will help attract talent and boost morale.
Nike Inc's chief human resources officer Monique Matheson spoke to employees weeks after complaints of inappropriate workplace behavior led to a leadership change.
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.