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 references on the runway kept pointing to Prada, the Milanese master of twisted chic, reports Angelo Flaccavento.
Imagine if the internet went down for six months and vintage magazines from the ’70 and ’80s went up in flames. What would designers like Massimo Giorgetti and Lorenzo Serafini do without their references?
Ermanno Scervino channeled womanly seduction and mannish sharpness for an outstanding collection, while Philosophy di Lorenzo Serafini mined the 90s for a show that was low on originality, but high on business savvy.
The designer is still the king of precise tailoring, luxurious knitwear and the most fragile, artisanal dresses but this season's image skewed visibly younger.
All in all, it was a very good outing, proof that even super-classic Italian brands can evolve intelligently.
Fresh, svelte and ultimately captivating, the Scervino show marked a well-deserved departure from a staid and dusty ladylike corner.
The label's ladylike styles were lighter this season, taking a fresh, girly slant in the best Ermanno Scervino show for a while.
This season, Scervino’s “industrialised atelier” focused on voluptuous dresses with a lingerie quality and strong military nods.
As many designers adopt the dominant trends of the moment, just as many are sticking to their aesthetics.
From shearling to fur to velvet, many of this season’s most prevalent runway trends were driven by textiles.
Entrepreneur Toni Scervino and designer Ermanno Daelli have built rising Italian luxury label Ermanno Scervino into a business set to generate over €100 million in revenue this year.
"But do not be fooled by the confident strutting of those hollow-cheeked clothes-horses: although Italian style still draws legions of buyers from
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.