CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
CFDA chief executive Steven Kolb has come under fire for an altercation with multiple PETA protestors during the Cos runway show at New York Fashion Week on Sunday.
investing
Financial Markets
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Financial Markets
Fosun Buys Majority Stake in Lanvin
The Chinese conglomerate has completed a deal to become the majority shareholder in Lanvin, beating off competition from Qatari investment fund Mayhoola.
Fosun Buys Majority Stake in Lanvin
The Chinese conglomerate has completed a deal to become the majority shareholder in Lanvin, beating off competition from Qatari investment fund Mayhoola.
Financial Markets
Report: Fosun Outbids Mayhoola for Lanvin
The Chinese conglomerate will inject more than €100 million into the troubled French heritage label, according to market reports.
Report: Fosun Outbids Mayhoola for Lanvin
The Chinese conglomerate will inject more than €100 million into the troubled French heritage label, according to market reports.
Financial Markets
Sneaker Resale Heats Up
This week, LVMH Luxury Ventures and Index Ventures bet on sneaker marketplaces Stadium Goods and Goat.
Sneaker Resale Heats Up
This week, LVMH Luxury Ventures and Index Ventures bet on sneaker marketplaces Stadium Goods and Goat.
Financial Markets
Alibaba to Take $486 Million Stake in China Retail Data Firm
Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition from Tencent.
Alibaba to Take $486 Million Stake in China Retail Data Firm
Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition from Tencent.
Financial Markets
Former Perry Ellis Chairman Offers to Buy Company for $430 Million
George Feldenkreis, who is the company’s largest shareholder, offered $27.50 per Perry Ellis share.
Former Perry Ellis Chairman Offers to Buy Company for $430 Million
George Feldenkreis, who is the company’s largest shareholder, offered $27.50 per Perry Ellis share.
Beauty
How Not To Ruin Your Brand Once You’ve Sold It
Is it possible to sell your brand without selling out? Sarah Brown talks to a group of key beauty founders about the new rules for navigating corporate waters and protecting your company — and yourself.
How Not To Ruin Your Brand Once You’ve Sold It
Is it possible to sell your brand without selling out? Sarah Brown talks to a group of key beauty founders about the new rules for navigating corporate waters and protecting your company — and yourself.
Financial Markets
Alibaba to Buy 33 Percent Stake in Ant Financial, Paving Way for IPO
The stake will be the first since Ant's controversial spin-off in 2011.
Alibaba to Buy 33 Percent Stake in Ant Financial, Paving Way for IPO
The stake will be the first since Ant's controversial spin-off in 2011.
Financial Markets
Tencent to Invest $1.6 Billion in Menswear Firm Heilan, Sources Say
JD.com and Vipshop were among investors to acquire almost 10 percent of the company for 5 billion yuan, as Tencent pushes into retail to compete with Alibaba.
Tencent to Invest $1.6 Billion in Menswear Firm Heilan, Sources Say
JD.com and Vipshop were among investors to acquire almost 10 percent of the company for 5 billion yuan, as Tencent pushes into retail to compete with Alibaba.
Financial Markets
Activist Investor Says Hudson's Bay Has Ample Cash to Go Private
Jonathan Litt's Land and Buildings hedge fund has been pressing the company to boost its sliding share price by extracting value from its sizeable real estate holdings.
Activist Investor Says Hudson's Bay Has Ample Cash to Go Private
Jonathan Litt's Land and Buildings hedge fund has been pressing the company to boost its sliding share price by extracting value from its sizeable real estate holdings.
China
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
Chinese Investors Pile Into Global Fashion Businesses
In this month’s China Edit, BoF explores the flurry of activity from Chinese firms investing in the fashion sector.
Financial Markets
Fyodor Golan Lands Investment from Eiesha Bharti Pasricha
The London-based womenswear label plans to ramp up its direct-to-consumer business and sell its main collection during pre-seasons.
Fyodor Golan Lands Investment from Eiesha Bharti Pasricha
The London-based womenswear label plans to ramp up its direct-to-consumer business and sell its main collection during pre-seasons.
The News in Brief
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Zara Owner Looks to US for Next Phase of Growth
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
Activist Investor Takes New Stake in Bath & Body Works
The activist investor is recommending the personal-care and fragrance store chain to explore a sale, claiming it has been undervalued and hampered by unstable management.