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
Richemont Completes Lancel Sale to Piquadro
The divestment sheds a business that has been holding the Swiss luxury-goods maker back its growth in fashion and accessories.
News & Analysis
Richemont Clinches Takeover of Yoox Net-A-Porter
The Swiss luxury goods group has garnered more than 95 percent of the Italian group's shares.
News & Analysis
Burberry Takes Italian Leather Goods Supplier In-House
The brand, which is seen as punching below its weight in handbags and leather accessories compared to its peers, will acquire the luxury leather-goods business from longstanding Italian supply partner CF&P.
News & Analysis
YNAP on Track for De-Listing After Richemont Offer Breaches Threshold
Richemont in January offered up to $3.32 billion for full control of the retailer.
News & Analysis
What Walmart's $16 Billion Flipkart Acquisition Means
The deal gives Walmart greater access to India’s e-commerce market, while Flipkart gets additional capital and expertise to battle Amazon.
News & Analysis
Entertainment Publicity Firm Rogers & Cowan Acquires ITB Worldwide
The deal gives Rogers and Cowan access to fashion brands and influencers and expands the opportunities available to ITB clients.
Global Markets
Alibaba Buys Online Retailer Daraz in Pakistan Push
Jack Ma is expanding his reach in Pakistan, striking a deal for Alibaba to buy the Rocket Internet-backed online shopping outlet.
News & Analysis
Report: Walmart Likely to Announce Flipkart Deal Before End of Week
Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, say sources.
News & Analysis
Report: Flipkart Board Said to Approve $15 Billion Deal With Walmart
That deal would seal a Walmart triumph over Amazon.com, which has been trying to take control of Flipkart with a competing offer.
News & Analysis
L'Oréal Acquires South Korean Cosmetics Firm Nanda
The giant's first Korean beauty brand purchase comes as foreign cosmetic industry leaders jostle for a slice of one of the world's most innovative beauty markets.
News & Analysis
Macy’s Acquires Story
BoF can exclusively reveal that Macy’s, Inc is buying concept store Story. Founder Rachel Shechtman will join the American department store chain as its first brand experience officer.
News & Analysis
Report: Amazon Offers to Buy 60 Percent Stake in Flipkart
The bid is likely to be on par with Walmart Inc's bid for the Indian e-commerce company, CNBC-TV18 reported, citing sources.
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.