After a brief lull in activity, Chinese investors could help drive next year’s M&A frenzy. But if past performance is anything to go by, there are reasons to exercise caution before signing on the dotted line.
This week, Farfetch announces a number of executive appointments, including chief brand officer and its first chief digital officer, while Frederick Lukoff leaves Stella McCartney.
Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.
The creative director of the French fashion label is stepping down after just three seasons.
Icicle Fashion Group has acquired the Parisian fashion label, which filed for Chapter 11 bankruptcy in May.