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 womenswear designer is leaving the challenged brand just as it emerges from bankruptcy protection.
Just because consumers love the brand doesn't mean they want to buy the clothes.
The IPO could garner a substantial valuation and help pay down a meaningful portion of J. Crew Group Inc.'s over $1.7 billion debt.
A proposed spinoff of Madewell could turn J. Crew Group into an example of what can go right for creditors of struggling retailers, instead of an epithet for everything that could go wrong.
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Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.
This week, Vanity Fair France names Camille Bidault-Waddington as fashion director, while Browns announces several appointments within its buying department.
Why the polarising style is trending at every segment of the spending spectrum.
As the brand’s losses widen and margins shrink, a search for a new CEO continues.
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Benz started his career at the specialty retailer in 2005.
Former J.Crew designer Somsack Sikhounmuong has partnered with founder Alex Drexler to relaunch Alex Mill, expanding the label into women’s for the first time.
Should the conversation advance, Larsson, who left Ralph Lauren in 2017 following disagreements with its founder, would be inheriting yet another American brand in desperate need of a turnaround.
The former chief executive is retiring to focus on his investment and advisory firm, Drexler Ventures.
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.