Ye Announces ‘Yeezy Season 01’ Runway Show in Los Angeles
The show will unveil the brand’s first-ever flagship store and mark Ye’s first full-scale runway presentation in four years.
acquisition
News & Analysis
Chanel Acquires Orlebar Brown
The French luxury house has acquired the British swim and resort-wear brand.
News & Analysis
Versace Takeover Will Bring Jobs to Italy
The deal showed how desirable Italian brands are to foreign investors.
News & Analysis
Donatella: ‘Versace Is Going to Stay a Luxury Brand’
On the heels of the newly minted Capri Holdings' $2.1 billion acquisition of the Italian house, Donatella Versace, group head John D Idol and chief executive Jonathan Akeroyd talk future strategy.
Luxury
Game On: Michael Kors Acquires Versace for $2.1 Billion
In the race to build America's first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house. But does it have what it takes to turn Versace's price tag into profit?
Luxury
Versace Sale Would Leave Few Global Luxury Brands Up for Grabs
From fashion royalty like Chanel to more niche names like Etro, these are the brands that so far have eluded the reach of financial investors or luxury moguls — and that would transform any portfolio.
News & Analysis
Report: Michael Kors Close to Buying Versace
The deal is said to value Versace at about $2 billion.
News & Analysis
Artémis Acquires Courrèges
François Pinault’s holding company has completed a deal to acquire full ownership of the French house.
News & Analysis
Hudson's Bay Deal Brings German Department Stores Together
Two of the most storied names in German department stores are combining in a deal orchestrated by an Austrian real estate billionaire, highlighting the pressures facing traditional retailers amid the rise of Amazon.com Inc.
News & Analysis
Why Thom Browne Is Worth $500 Million to Zegna
Ermenegildo Zegna Group paid a hefty sum to acquire 85 percent of the American fashion label, but the price tag comes with new opportunities and synergies for the Italian company.
News & Analysis
Bluestar Challenges Authentic Brands Group for Brookstone
Authentic Brands proposed to be the so-called stalking horse bidder for Brookstone with an offer of $35 million this week, after acquiring the Nine West shoe and accessories label in June.
News & Analysis
Why Zegna Bought Thom Browne
The Italian company Ermenegildo Zegna Group has acquired 85 percent of the business at a $500 million valuation. Browne is the sole other shareholder.
News & Analysis
Perry Ellis Ends Deal Talks With Randa
Perry Ellis said the decision was made after a major licensor refused to consent to Randa's acquisition of the company.
The News in Brief
Style Capital Acquires Alessandro Dell’Acqua’s N21
Financial details of the deal for the Milan-based brand weren’t disclosed.
Lagos Fashion Week Continues to Flex its Pan-African Muscle
The buzzy Nigerian fashion event has attracted a cohort from across the continent, with designers from South Africa, Uganda and Morocco presenting their collections in the Nigerian city.
Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Bangladesh Sets Up Wage Board as Garment Worker Unrest Shuts Factories
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.
Premium Skincare Brand Colorescience Names New CEO
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
Proya Third-Quarter Revenue Grows, Profit Dented by Marketing Spend
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Michael Kors Owner Capri Soars After Raising Annual Forecasts
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.