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.
Laurent Claquin
Partner Content
Inside BoF and Shop With Google’s New York Fashion Week Dinner
Designers Tory Burch, Jason Wu, Phillip Lim, Prabal Gurung, Sergio Hudson and Brendon Babenzien, together with Steven Kolb, Laurent Claquin, Gabriella Karefa-Johnson, Julie Gilhart, and more, joined BoF’s Imran Amed and Google’s Stephanie Horton.
Inside BoF and Shop With Google’s New York Fashion Week Dinner
Designers Tory Burch, Jason Wu, Phillip Lim, Prabal Gurung, Sergio Hudson and Brendon Babenzien, together with Steven Kolb, Laurent Claquin, Gabriella Karefa-Johnson, Julie Gilhart, and more, joined BoF’s Imran Amed and Google’s Stephanie Horton.
As Tomas Maier Departs, What's Next for Bottega Veneta
Maier transformed the ‘stealth wealth’ label into a billion-dollar brand, only to see sales slow. Parent company Kering is set to announce a new designer imminently, say sources.
Workplace & Talent
Power Moves | Maureen Chiquet Nominated to Canada Goose Board, Tomas Maier Names CEO
This week, former Chanel CEO Maureen Chiquet has been nominated to join the Canada Goose board, while Laurent Claquin, currently head of Kering Americas, will take on the additional role of CEO at Tomas Maier.
Power Moves | Maureen Chiquet Nominated to Canada Goose Board, Tomas Maier Names CEO
This week, former Chanel CEO Maureen Chiquet has been nominated to join the Canada Goose board, while Laurent Claquin, currently head of Kering Americas, will take on the additional role of CEO at Tomas Maier.
Company Snapshot
The executive has driven the US expansion of Kering’s 21 brands, and is the newly-appointed chief executive of Tomas Maier.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
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.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.