The venture firm has acquired a majority stake in the brand as it eyes global expansion, suggesting investors still see opportunity in well-placed fashion plays despite looming economic headwinds.
The deal will help Seoul-based We11done to accelerate growth of its direct-to-consumer business across China, Europe and the US.
A grand Paris store reopens. But when customers return, what will they expect?
What can brands expect from former deputies who rose through the ranks of the industry and have taken the reins from predecessors with bigger personalities and more power?
Publisher Condé Nast continues to cut costs and streamline operations, as its US-based leadership consolidates its power after a global merger.
The former editor-in-chief’s 15-year tenure has mirrored the growth of the world’s largest fashion market and a rapidly changing media landscape.
This season, labels relied on a variety of tactics to activate the world’s largest luxury market.
First and foremost a human tragedy, the long-term effects of the coronavirus look set to extend well beyond Chinese consumption.
Two of three new entrants to an exclusive club of 20 high performing fashion companies are Chinese, according to the 2020 edition of The State of Fashion report released today by BoF and McKinsey. How did Anta and HLA do it?
As BoF China Prize winner Caroline Hu arrives in London for her on-schedule SS20 presentation, our behind-the-scenes documentary captures the exciting run-up to her show at the Serpentine Gallery.
Naomi Campbell, Adut Akech, Pierpaolo Piccioli, Karen Elson and other industry leaders from around the world celebrated the #BoF500 and inclusivity during Paris Fashion Week.
In advance of tonight's annual BoF 500 gala at Paris Fashion Week, The Business of Fashion is proud to reveal the latest members of the #BoF500, a community of people shaping the global fashion industry that grows stronger over time.
The respected fashion journalist is a top-tier agenda-setter in China's fashion landscape.
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
