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
Luxury
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Can Anyone Really Build an American LVMH?
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
Retail
Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner
The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.
Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner
The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.
News & Analysis
Is Matchesfashion Readying for a Sale?
The luxury fashion retailer, which reported revenue of £204 million in 2016, is seeking advisors to manage a sale, BoF has learned.
Is Matchesfashion Readying for a Sale?
The luxury fashion retailer, which reported revenue of £204 million in 2016, is seeking advisors to manage a sale, BoF has learned.
Luxury
Dissecting the Jimmy Choo Michael Kors Deal
What does Michael Kors’ $1.2 billion acquisition of Jimmy Choo mean for the high-end shoemaker and the accessible luxury giant?
Dissecting the Jimmy Choo Michael Kors Deal
What does Michael Kors’ $1.2 billion acquisition of Jimmy Choo mean for the high-end shoemaker and the accessible luxury giant?
News & Analysis
Michael Kors to Buy Jimmy Choo for $1.2 Billion
Michael Kors was among several companies in the running to acquire the luxury accessories brand from JAB Luxury, including Interparfums and CVC Capital Partners.
Michael Kors to Buy Jimmy Choo for $1.2 Billion
Michael Kors was among several companies in the running to acquire the luxury accessories brand from JAB Luxury, including Interparfums and CVC Capital Partners.
Luxury
Report: South Africa's Taste Holdings Halts Sale of Hard Luxury Arm
The company has suspended the auction of its jewellery and high-end watches business after failing to find a buyer willing to pay their $31 million asking price.
Report: South Africa's Taste Holdings Halts Sale of Hard Luxury Arm
The company has suspended the auction of its jewellery and high-end watches business after failing to find a buyer willing to pay their $31 million asking price.
Retail
Why Fashion M&A Is Hard to Pull Off
Abercrombie & Fitch became the latest to demonstrate this on Monday, ending talks about a potential sale after failing to agree terms with potential suitors.
Why Fashion M&A Is Hard to Pull Off
Abercrombie & Fitch became the latest to demonstrate this on Monday, ending talks about a potential sale after failing to agree terms with potential suitors.
News & Analysis
Abercrombie & Fitch Terminates Acquisition Talks
The decision caused shares in the company to plunge as much as 17 percent in early trading.
Abercrombie & Fitch Terminates Acquisition Talks
The decision caused shares in the company to plunge as much as 17 percent in early trading.
News & Analysis
QVC Owner to Acquire Remaining 62% of HSN
The deal gives HSN an enterprise value of $2.6 billion and will help Liberty develop its e-commerce and mobile shopping platforms.
QVC Owner to Acquire Remaining 62% of HSN
The deal gives HSN an enterprise value of $2.6 billion and will help Liberty develop its e-commerce and mobile shopping platforms.
News & Analysis
Richemont Sells Shanghai Tang
After 19 years of ownership, Richemont has sold Shanghai Tang for an undisclosed sum to Italian entrepreneur Alessandro Bastagli.
Richemont Sells Shanghai Tang
After 19 years of ownership, Richemont has sold Shanghai Tang for an undisclosed sum to Italian entrepreneur Alessandro Bastagli.
News & Analysis
Bonobos Founder Andy Dunn Knows You Might Be Mad At Him For Joining Walmart
"Bonobos and Walmart have totally different values. Will Bonobos founder Andy Dunn be able to help change Walmart's image? He's not sure."
Bonobos Founder Andy Dunn Knows You Might Be Mad At Him For Joining Walmart
"Bonobos and Walmart have totally different values. Will Bonobos founder Andy Dunn be able to help change Walmart's image? He's not sure."
News & Analysis
Why Amazon Bought Whole Foods
"The retailer’s $14 billion bet isn’t just about the future of food. It’s about the future of commerce—especially for rich urban consumers."
Why Amazon Bought Whole Foods
"The retailer’s $14 billion bet isn’t just about the future of food. It’s about the future of commerce—especially for rich urban consumers."
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.