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.
In December 2015, the Qatari owners of the fashion house asked Rothschild to involve a number of banks in the listing, but the operation has been regularly postponed.
BoF breaks down the people behind the biggest fashion stories of the year.
Marks & Spencer Group Plc said the head of its key womenswear division has left, only three weeks after the UK retailer’s food head was brought in to run the entire clothing operation.
Ann Inc. (ANN) on Friday reported fiscal first-quarter profit of $13.6 million.
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Women are now in the driver's seat in the sports apparel market.
The French couturier — who found fame putting Madonna in a conical bra and helped shape global trends for four decades — shocked the fashion world by ending his ready-to-wear and menswear lines earlier this year.
"A new crop of designers puts a modern take on the country’s cultural heritage and gains crossover success in the west."
Today, BoF can exclusively reveal that new British womenswear brand Finery London is set to launch in 2015 with critical global distribution deals and financing from Rocket Internet-backed Global Fashion Group.
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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.