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.
Above all, this New York Fashion Week will be remembered for floor-sweeping leather coats and ‘Queen Bey,’ writes Lynn Yaeger.
On the first three days of New York Fashion Week, runways full of perfectly respectable clothes were punctuated by flashes of something more eloquent, writes Lynn Yaeger.
A jury agreed that the reseller had misled consumers by promoting the luxury brand’s goods in its marketing materials and claiming that the pre-owned pieces are authentic.
At a quirky runway show ahead of New York Fashion Week, it was as if Mary Weiss of the Shangri-Las had found her way to Tokyo and sat down to share a Marlboro with Rei Kawakubo.
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This week, New York played host to one of the world’s largest climate confabs, but there was little visible presence from fashion’s biggest companies. If the industry doesn’t pull up a seat at the table, it risks getting left behind.
The second half of New York Fashion Week suggested the season wasn’t just about 90s influences but gossamer fabrics, trawling nets, big jackets over tiny skirts and when in doubt lace, lace, lace, reports Lynn Yaeger.
From Collina Strada’s neo-Victorianism to Khaite’s icy elegance, Lynn Yaeger reports from the New York shows.
On the first two days of New York Fashion Week, designers Peter Do and Stuart Vevers showcased their takes on storied brands.
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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.