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.
In Milan, a remarkable show of unity from Italy's fashion industry signals an important step forwards, but as Italian Prime Minister Matteo Renzi pointed out, the local industry must be open to change and innovation.
Italy’s new prime minister Matteo Renzi is focused on tackling the many problems facing Italy’s fashion sector, sparking new hope across the industry. Will he succeed?
In Florence's historic Palazzo Vecchio, the Italian Prime Minister Matteo Renzi and BoF founder Imran Amed honoured 30 leading global menswear retailers on the occasion of the 60th anniversary of 'Firenze Home Town of Fashion.'
In Florence's historic Palazzo Vecchio, the Italian Prime Minister Matteo Renzi and BoF founder Imran Amed honoured 30 leading global menswear retailers on the occasion of the 60th anniversary of 'Firenze Home Town of Fashion.'
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.