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.
Colin McDowell meets the mother and daughter team who, after 60 years creating their iconic zig-zag fabrics, are keeping the family business spinning into the 21st century.
Chanel was embroiled in a row with Scottish knitter Mati Ventrillon, who claimed that the fashion house's Fair Isle knitwear pieces are replicas of her own designs.
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Armed with $3.1 million in seed funding, Knyttan is building a ‘curated customisation’ platform to reinvent knitwear.
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From the vast, goat-populated plains of Inner Mongolia, 'cashmere princess' Jane Wang is spinning a winning formula of handcrafted luxury knitwear and strategic business savvy.
Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is newfound confidence in Hawick and the border mill towns of Scotland.
Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is newfound confidence in Hawick and the border mill towns of Scotland.
ADVERTISEMENT
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.