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.
Michael Kors
All About Kors
One of the most successful designers in the history of American fashion, Michael Kors has proven, 40 years in, that even when he’s playing showman, his woman comes first.
How Michael Kors Became New York Fashion’s Ultimate Entertainer
He couldn’t sing, he couldn’t dance, but from Studio 54 to Broadway to Seventh Avenue, he designed his way into a 40-year success story.
Should Brands Play Politics?
This week, the question was more pressing than ever as a US presidential election, which has dominated the divided country’s cultural conversation this year, approached an end.
Capri Holdings Beats Quarterly Revenue Estimates
The Michael Kors owner's total revenue fell to $1.11 billion in the second quarter from $1.44 billion a year earlier.
Bryanboy: How Fashion’s Original Influencer Became a TikTok Star
For the Filipino former web developer, who grew an audience of over 1 million TikTok followers in six months, the move is the latest in a career of pivots that have taken him from first-wave fashion blogger to Gen-Z media star.
This Is How Black Friday Works in a Pandemic
From earlier sales to in-store fulfilment, retailers must find creative solutions to succeed during an unprecedented holiday season.
Marketing
Selling Fashion on Instagram: Expectation vs. Reality
The social media platform says that by selling products directly on their feeds, brands can meet customers where they spend time and reduce the clicks required to convert ad impressions into sales. But brands and consumers aren't fully sold on the idea yet.
Selling Fashion on Instagram: Expectation vs. Reality
The social media platform says that by selling products directly on their feeds, brands can meet customers where they spend time and reduce the clicks required to convert ad impressions into sales. But brands and consumers aren't fully sold on the idea yet.
The Future of Handbags
In luxury’s biggest and most profitable category, the path to success is narrower than before. Which styles are selling and why?
The Other Fashion Month
This autumn, labels from Michael Kors to Comme des Garçons to Raf Simons are presenting collections in October in what’s shaping up to be something like a second fashion month. Will it stick post-pandemic?
What a ‘K-Shaped Recovery’ Means for Luxury Fashion
This week, everyone will be talking about luxury brands' latest sales results, Raf Simons' first womenswear collection and the return of Brexit. Get your BoF Professional Cheat Sheet.
Why Fashion Brands Keep Telling You to Vote
With everything from $850 cashmere sweaters to screen-printed tote bags, brands are using ‘vote’ merchandise to connect with consumers.
Media
Coronavirus Is Rewiring the Symbiotic Relationship Between Brands and Media
Plunging marketing budgets are disrupting the traditional value exchange between fashion brands and the magazines that cover them — with both sides wondering if the fear of missing out on editorial coverage can still drive hefty ad investments in an increasingly digital world.
Coronavirus Is Rewiring the Symbiotic Relationship Between Brands and Media
Plunging marketing budgets are disrupting the traditional value exchange between fashion brands and the magazines that cover them — with both sides wondering if the fear of missing out on editorial coverage can still drive hefty ad investments in an increasingly digital world.
Company Snapshot
The designer and previous Project Runway personality infused his once-bankrupt brand with a clean, sporty glamour and took the company public in 2011.
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.