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
Coach to Buy Kate Spade for $2.4 Billion
After much speculation, handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the smaller rival's popularity among millennials.
Coach to Buy Kate Spade for $2.4 Billion
After much speculation, handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the smaller rival's popularity among millennials.
News & Analysis
The Top 10 Venture-Backed Fashion Startups
As a spate of disruptive startups inch toward a decade in business, those being disrupted are increasingly turning to acquisitions to better secure their futures. BoF identifies the top targets.
The Top 10 Venture-Backed Fashion Startups
As a spate of disruptive startups inch toward a decade in business, those being disrupted are increasingly turning to acquisitions to better secure their futures. BoF identifies the top targets.
News & Analysis
Coach Banks on Acquisitions to Expand Roster of Brands
With a war chest of more than $1.8 billion in cash, CEO Victor Luis has let it be known that he’s interested in purchasing handbag, accessories, footwear and outerwear brands.
Coach Banks on Acquisitions to Expand Roster of Brands
With a war chest of more than $1.8 billion in cash, CEO Victor Luis has let it be known that he’s interested in purchasing handbag, accessories, footwear and outerwear brands.
Luxury
Breitling Agrees to Sell to CVC in $870 Million Deal
Breitling is one of the last remaining large independent Swiss watch brands while many others have been acquired by competitors such as Swatch Group, Richemont, LVMH and Kering.
Breitling Agrees to Sell to CVC in $870 Million Deal
Breitling is one of the last remaining large independent Swiss watch brands while many others have been acquired by competitors such as Swatch Group, Richemont, LVMH and Kering.
Financial Markets
Op-Ed | Breitling's Deal Hits on a Stretch of Good Timing
The Swiss watchmaker's family owners have done well to get a deal at all. At least by keeping a 20 percent stake, they won't be shut out from all the upside.
Op-Ed | Breitling's Deal Hits on a Stretch of Good Timing
The Swiss watchmaker's family owners have done well to get a deal at all. At least by keeping a 20 percent stake, they won't be shut out from all the upside.
News & Analysis
LVMH Takes Control of Christian Dior in $13 Billion Deal
The two-part deal will give LVMH full control over the Christian Dior Couture business, which has an enterprise value of €6.5 billion.
LVMH Takes Control of Christian Dior in $13 Billion Deal
The two-part deal will give LVMH full control over the Christian Dior Couture business, which has an enterprise value of €6.5 billion.
News & Analysis
Jimmy Choo Owner JAB Puts Luxury Shoe Brands Up For Sale
JAB has expanded a push into non-luxury areas focusing on its growing food and coffee operations, while seeking to benefit from a rebound in sales of luxury footwear and accessories.
Jimmy Choo Owner JAB Puts Luxury Shoe Brands Up For Sale
JAB has expanded a push into non-luxury areas focusing on its growing food and coffee operations, while seeking to benefit from a rebound in sales of luxury footwear and accessories.
Beauty
Report: L'Oreal Rounds Up Bidders for Body Shop Auction
The French giant is reported to have chosen Brazilian cosmetics firm Natura Cosmeticos as well as a number of firms like CVC Capital Partners and Investindustrial Advisors for the next round of auction for its Body Shop business.
Report: L'Oreal Rounds Up Bidders for Body Shop Auction
The French giant is reported to have chosen Brazilian cosmetics firm Natura Cosmeticos as well as a number of firms like CVC Capital Partners and Investindustrial Advisors for the next round of auction for its Body Shop business.
Retail
Kate Spade's Position Weakens as It Explores Sale
The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.
Kate Spade's Position Weakens as It Explores Sale
The New York-based handbag maker's first quarterly sales decline in almost eight years couldn’t have come at a worse time, weakening its bargaining power in an eventual sale.
China
Shares of Chinese Shoe Retailer Belle Halted Amidst Buyout Rumours
The potential buyout of the $5.7 billion women's footwear retailer by CDH Investments Fund Management Co. could be the largest-ever deal for a Hong Kong-listed consumer company.
Shares of Chinese Shoe Retailer Belle Halted Amidst Buyout Rumours
The potential buyout of the $5.7 billion women's footwear retailer by CDH Investments Fund Management Co. could be the largest-ever deal for a Hong Kong-listed consumer company.
News & Analysis
Walmart's Push to Boost Online Fashion Presence With Acquisitions
A Bonobos deal would mark the company's fourth acquisition of a small online clothing-and-accessories brand since the start of 2017.
Walmart's Push to Boost Online Fashion Presence With Acquisitions
A Bonobos deal would mark the company's fourth acquisition of a small online clothing-and-accessories brand since the start of 2017.
News & Analysis
Report: Walmart in Advanced Talks to Buy Bonobos
Wal-Mart and Bonobos have agreed on a price and the deal is in final due diligence, according to a report on Recode.
Report: Walmart in Advanced Talks to Buy Bonobos
Wal-Mart and Bonobos have agreed on a price and the deal is in final due diligence, according to a report on Recode.
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.