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.
This week, the popularity of natural beauty is attributed to the rising fear of chemicals, while Revolve sold a sweatshirt with a controversial quote.
This week, London Fashion Week is the first of the main global fashion events to ditch fur, while the beauty industry is only at the beginning of its road to diversity.
This week, Nike's new brand face is a polarising figure, while brands pay influencers thousands of dollars to bash competitors.
This week, luxury brands destroy unsold goods due to a drop in Chinese demand, while streetwear remains to be a boy's club, especially for women of colour.
ADVERTISEMENT
This week, the codes of the modelling industry are changing in the #MeToo world, while Nike receives criticism over selling a balaclava that customers said looks 'menacing.'
This week, a designer protests Denmark's burka ban on the runway, while women file a gender pay discrimination lawsuit against Nike.
This week, a glut of big name magazines have chosen black women to front their September issues, while a German retailers' alliance formed to improve working conditions in Asian factories is crumbling.
This week, a glut of big name magazines have chosen black women to front their September issues, while a German retailers' alliance formed to improve working conditions in Asian factories is crumbling.
This week, a new report suggests the fashion industry is the world's second-largest contributor to modern slavery, while consumer trends are causing catastrophic damages for the environment.
ADVERTISEMENT
This week, body-positive messaging does not resonate in Chinese influencer circles, while Ivanka Trump's handbags will likely be hit by the new tariffs on China.
This week, ASOS designs clothes with disabled customers in mind, while Feminist Apparel chief executive fires his staff after admitting to sexual misconduct.
This week, anti-pollution skincare is said to be unaffordable to those who need it most, while ASOS launches a sustainability training programme for designers.
This week, high-street retailers are accused of ignoring abuses at a large Indian supplier, while a new report suggests the beauty industry uses concerning products in its supply chain.
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.