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.
The BoF Show with Imran Amed
Explore how the $2.5-trillion fashion industry is recalibrating to balance profit with purpose. Meet the people forging fashion's future, and learn how fashion shapes business, culture and identity.
Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake
The Business of Fashion is excited to introduce “The BoF Show with Imran Amed”, an immersive streaming video series created in partnership with Bloomberg Quicktake.
Responsibility: How Can Luxury Balance Profit and With Purpose?
Can a business based on changing our clothes change its ways?
Resale: Inside the $130 Billion Secondhand Fashion Market
Pre-loved fashion is on the rise, as old clothes find new wearers via global technology platforms. What are the rewards and the risks of this resale revolution?
Dematerialisation: Why the Metaverse Is Fashion’s Next Goldmine
Physical and digital worlds merge in the Metaverse. Can the luxury world dematerialise into the virtual space fast enough to attract eager customers — and their avatars?
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Belonging: The Business Case for Diversity in Fashion
How can an exclusive business built on keeping people out let more people in?
Re-Invention: How Fashion’s Megabrands Will Adapt to Post-Pandemic Customer Behaviour
A grand Paris store reopens. But when customers return, what will they expect?
Disruption: Is Luxury Fashion Ready to Change?
An industry reawakens. But could hushed haute couture salons be hotbeds of radical thinking?
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The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
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.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.