Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
acquisition
News & Analysis
Birchbox Has Sold Majority Ownership to One of Its Hedge Fund Investors After Sale Talks With QVC Fell Through
"Viking Global has acquired a majority stake in the beauty startup after agreeing to invest around $15 million of new cash into the business."
Birchbox Has Sold Majority Ownership to One of Its Hedge Fund Investors After Sale Talks With QVC Fell Through
"Viking Global has acquired a majority stake in the beauty startup after agreeing to invest around $15 million of new cash into the business."
Financial Markets
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
News & Analysis
Walmart Is Close to $12 Billion-Plus Deal for Flipkart
The deal, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.
Walmart Is Close to $12 Billion-Plus Deal for Flipkart
The deal, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.
News & Analysis
Report: L'Oréal Preferred Bidder for Stake in K-Beauty Firm Nanda
The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.
Report: L'Oréal Preferred Bidder for Stake in K-Beauty Firm Nanda
The French cosmetics group has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at $375 million, according to sources.
News & Analysis
Ssense Shuts Down Polyvore, Sparking Outrage Among Fans
Members of Polyvore’s online community say they’re distraught after new owner Ssense shut down the site and its fashion 'mood boards' with little notice.
Ssense Shuts Down Polyvore, Sparking Outrage Among Fans
Members of Polyvore’s online community say they’re distraught after new owner Ssense shut down the site and its fashion 'mood boards' with little notice.
Luxury
Dolce and Gabbana Speak on Succession Plan
Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.
Dolce and Gabbana Speak on Succession Plan
Founders Domenico Dolce and Stefano Gabbana have rejected all acquisition offers for their label, instead creating a trust to safeguard the future of the brand.
News & Analysis
Amazon May Rival Walmart Effort for Flipkart Control
Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.
Amazon May Rival Walmart Effort for Flipkart Control
Amazon has held early exploratory discussions to buy Flipkart, but sources said a deal with Walmart is more likely to go through.
News & Analysis
Fosun Acquires Majority Stake in Wolford
The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.
Fosun Acquires Majority Stake in Wolford
The Chinese conglomerate will pay 33 million euros for a majority stake in the loss-making luxury textiles maker.
Luxury
Can Fosun Make Lanvin a Billion-Dollar Brand?
The storied fashion house is widely seen as having high potential, but its Chinese acquirer has no previous experience in the luxury sector.
Can Fosun Make Lanvin a Billion-Dollar Brand?
The storied fashion house is widely seen as having high potential, but its Chinese acquirer has no previous experience in the luxury sector.
News & Analysis
Sapinda Buys La Perla
While Chinese conglomerate Fosun had entered exclusive talks to buy the brand last December, negotiations stalled mid-January due to disagreement over moving production out of Europe, say sources.
Sapinda Buys La Perla
While Chinese conglomerate Fosun had entered exclusive talks to buy the brand last December, negotiations stalled mid-January due to disagreement over moving production out of Europe, say sources.
News & Analysis
Stella McCartney-Kering Break Up Well Underway
BoF has learned that the French luxury group is selling its 50 percent share in the label, with a formal transition process already in motion, according to a source with first-hand knowledge of the matter.
Stella McCartney-Kering Break Up Well Underway
BoF has learned that the French luxury group is selling its 50 percent share in the label, with a formal transition process already in motion, according to a source with first-hand knowledge of the matter.
News & Analysis
French Retailer Casino's Arm in Talks to Buy Online Shoe Firm Sarenza
Sarenza generated sales of more than €250 million during its last fiscal year, and its planned takeover follows Casino's e-commerce partnership with Ocado.
French Retailer Casino's Arm in Talks to Buy Online Shoe Firm Sarenza
Sarenza generated sales of more than €250 million during its last fiscal year, and its planned takeover follows Casino's e-commerce partnership with Ocado.
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.