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.
At an executive briefing during Milan Design Week for the launch of the latest BoF Insights report, Design Holding’s CEO Daniel Lalonde, La Double J founder JJ Martin and Isabelle Dubern-Mallevays, co-founder of the Invisible Collection, discuss the growing opportunities in the home design and hospitality space for fashion and beauty brands.
At an executive briefing during Milan Design Week for the launch of the latest BoF Insights report, Design Holding’s CEO Daniel Lalonde, La Double J founder JJ Martin and Isabelle Dubern-Mallevays, co-founder of the Invisible Collection, discuss the growing opportunities in the home design and hospitality space for fashion and beauty brands.
The Sandro-owner said it would ramp up spending on advertising and increase investment in online sales.
The Sandro and Maje owner's shares were down 7.1 percent, among the worst performers on the Paris stock market.
The group remains optimistic about a growth in sales following a rise in third-quarter revenue by 10.8 percent to €274.5 million from last year.
This week, StockX became the world’s first billion-dollar sneaker reseller. BoF looks into the crystal ball of the company’s transactions data to unearth five trends on the direction of the fast-growing market for sneakers.
With its first acquisition in a decade, SMCP intends to strengthen its footprint in the men’s market, which it is already developing through Sandro men.
This week, BoF learns a key brand lead for LVMH's newest label, Fenty Maison, while DTC company Hims names its first ever chief marketing officer.
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 French fashion group, which owns Sandro and Maje, forecast more moderate sales growth in 2019 as street protests rock France and Britain's messy EU exit spreads uncertainty.
The Sandro-owner, which surpassed €1 billion in revenue, will keep up investments in the region despite the simmering Sino-US trade war.
Corporate scandals don’t often damage strong consumer brands but public awareness of the scandal surrounding the Topshop owner appears to be higher than usual.
The owner of Sandro, Maje and Claudie Pierlot posted a 14 percent rise in third-quarter sales, with the US overtaking Asia as its biggest driver of growth.
The executive has overseen SMCP’s $2 billion IPO in 2017 and turned the company into a global juggernaut.
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.