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.
Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company's plans to reinvigorate top-line growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off.
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Next year, fashion players need to swap platitudes and promotional noise for meaningful action and regulatory compliance while facing up to consumer demand for transformational change.
"In the face of Brexit, the housing crisis, mounting student debt and being called snowflakes, wearing kitschy, unserious pieces is the ultimate
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Beyond goods, services and experiences, freedom will become the ultimate signifier of status.
Filling a gap between credit cards and store credit, buy-now-pay-later start-ups are increasingly popular with millennials but they are not without risk.
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
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The rise of selfie culture has turbo-charged desire for luxury goods. Now, cultural shifts are putting these products in the hands of untold millions, giving brands much to smile about.
A new Goldman Sachs report with Condé Nast highlights millennial shoppers' top 10 favourite brands.
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
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.