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 luxury shoes and accessories brand plans to liquidate its operations in the country after losing over $6 million in 2017.
In a fashion industry that can be ‘oh so serious,’ a crop of brands, from Jimmy Choo to Anya Hindmarch, have taken another approach, integrating play, humour and wit into their products.
"The concept of mood-changing fabrics might raise eyebrows but style with a spiritual twist is the hottest fashion trend of the summer, particularly
"Cordwainers at London College of Fashion, the alma matter of Jimmy Choo and Charlotte Olympia, is set to receive £300,000 from retailer Kurt Geiger
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
At the forefront of luxury footwear, six designers making beautiful, covetable shoes have gained traction with consumers, established accounts with fashion-forward stockists, and racked up a handful of industry awards.
"Forget the clothes on models' backs: bags and perfume are the major moneyspinners in luxury goods. No wonder Hermès — purveyor of the ultimate arm
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.