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 US President has announced plans to look into the $10 billion Joint Enterprise Defense Infrastructure contract, potentially to be awarded Amazon.
The draft underscored India’s intent to examine every aspect of e-commerce regulation from data localisation to antitrust rules, tightening restrictions on global giants like Amazon and Google.
The land of sponsored posts and freebies is still very much the Wild West without a clear sheriff, but social media companies may ultimately have the biggest interest in keeping things clean.
A circular economy incentive to prohibit brands from discarding unsold clothing means luxury and high street retailers need to rethink their practices.
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Amazon said it had settled a long-running dispute with French tax authorities, who have been seeking nearly $249 million from the online retail giant.
The ruling could set a precedent for whether luxury products makers can prevent their products being sold by retailers on online platforms across Europe, a market worth billions of euros.
Further investigations in the e-commerce sector would be launched by the European Commission after it discovered business practices that restrict competition.
BoF has learned that G-III, the company that licenses Ivanka Trump ready-to-wear, has relabelled inventory without the knowledge of the brand and sold it to discount chain Stein Mart.
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France's interior minister convened Muslim leaders Monday to discuss a French-style Islam that honours the nation's secular values, a task given new urgency after deep divisions surfaced over burkini bans in 30 French beach towns.
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Lawsuits and investigations are an opportunity for Alibaba Group Holding Ltd to be better understood, founder and executive chairman Jack Ma said in an interview on Saturday.
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
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.