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 Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.
They are joined by global brands including Puma and Levi Strauss, which have all signed a letter urging the country to amend trade union law.
Fashion brands are exploring alternatives to today’s standard materials, with key players focused on more sustainable substitutes that include recently rediscovered and re-engineered old favourites as well as high-tech materials that deliver on aesthetics and function.
Fashion brands are exploring alternatives to today’s standard materials, with key players focused on more sustainable substitutes that include recently rediscovered and re-engineered old favourites as well as high-tech materials that deliver on aesthetics and function.
A shoe design in support of Hong Kong’s pro-democracy movement could land Vans in hot water with Chinese consumers.
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This week, Romain Guinier joins The Kooples as CEO following its acquisition, while Tapestry taps a VF Corp executive for the role of chief operating officer.
This week, everyone will be talking about Chanel's resort show in Paris, how Adidas plans to extend the Yeezy craze and the latest denim spinoff. Read our BoF Professional Cheat Sheet.
The skate shoe brand is 15 years into a sales boom and competes head to head with Nike and Adidas. Now parent company, VF Corp., is betting the same formula can help it transform from a collection of musty department-store labels into a retail empire.
This week, Vanity Fair appoints its new beauty director, while Alibaba-owned Lazada group names its new chief executive.
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Instead of naming the planned publicly traded company after one of its iconic American brands, like Lee or Wrangler, the apparel maker will call the spinoff Kontoor Brands Inc.
Revenue from the company's Vans sneaker segment rose 26 percent in the quarter.
Today’s consumers want to align their values with their wardrobes like never before and fashion companies are taking notice, argues PJ Smith.
"VF Corp., battling slowing sales of Wrangler and Lee jeans, is exploring strategic options for its denim division."
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.