Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
investing
Financial Markets
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
A Guide to Early-Stage Fundraising
Nascent brands often seek external capital to fuel future growth — or simply stay afloat. But how much money should start-ups really be raising, when and from where?
Financial Markets
A $140 Billion Asset Manager Bets on H&M Rebound as Others Flee
Chicago-based Harris Associates LP increased its stake in H&M fourfold last year and currently holds more than 5 percent of the Swedish fashion retailer’s shares.
A $140 Billion Asset Manager Bets on H&M Rebound as Others Flee
Chicago-based Harris Associates LP increased its stake in H&M fourfold last year and currently holds more than 5 percent of the Swedish fashion retailer’s shares.
Financial Markets
Depop Secures $20 Million for US Expansion
The social shopping platform will use the new funding to open brick-and-mortar stores in New York and LA.
Depop Secures $20 Million for US Expansion
The social shopping platform will use the new funding to open brick-and-mortar stores in New York and LA.
Financial Markets
Mary Katrantzou Raises Investment to Boost Business in China
The London-based designer has raised a round of funding led by Chinese investor Wendy Yu, who is fostering an ecosystem of brands targeting China’s consumers.
Mary Katrantzou Raises Investment to Boost Business in China
The London-based designer has raised a round of funding led by Chinese investor Wendy Yu, who is fostering an ecosystem of brands targeting China’s consumers.
Financial Markets
Highsnobiety Raises $8.5 Million Venture Round
The influential streetwear site will use the new funding to scale its branded content, e-commerce and events businesses.
Highsnobiety Raises $8.5 Million Venture Round
The influential streetwear site will use the new funding to scale its branded content, e-commerce and events businesses.
Financial Markets
JD.com Will Invest over $3 Billion in 'Rustbelt' Regions
JD's efforts are aimed at upgrading industries and creating jobs and will include the construction of an e-commerce settlement centre that would create 9,000 jobs, the Xinhua news agency reported.
JD.com Will Invest over $3 Billion in 'Rustbelt' Regions
JD's efforts are aimed at upgrading industries and creating jobs and will include the construction of an e-commerce settlement centre that would create 9,000 jobs, the Xinhua news agency reported.
Financial Markets
OAMC Sells Stake to Onward Luxury Group
The strategic partnership will enable the French street-luxe brand to launch its own e-commerce operations, open its first retail store and expand into new product categories.
OAMC Sells Stake to Onward Luxury Group
The strategic partnership will enable the French street-luxe brand to launch its own e-commerce operations, open its first retail store and expand into new product categories.
Financial Markets
Tomorrow London Acquires Stake in A-Cold-Wall
The move comes as investors are increasingly drawn to the growth potential of streetwear.
Tomorrow London Acquires Stake in A-Cold-Wall
The move comes as investors are increasingly drawn to the growth potential of streetwear.
Financial Markets
Why Private Equity Is Still Chasing Fashion
Private equity firms are steering clear of traditional fashion brands, but those with disruptive models remain prized acquisitions.
Why Private Equity Is Still Chasing Fashion
Private equity firms are steering clear of traditional fashion brands, but those with disruptive models remain prized acquisitions.
Financial Markets
The Top 10 M&A Targets in Streetwear
Supreme’s partnership with private equity giant Carlyle is symbolic of streetwear’s high growth potential. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Streetwear
Supreme’s partnership with private equity giant Carlyle is symbolic of streetwear’s high growth potential. BoF identifies the top acquisition targets in the space.
Financial Markets
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
Financial Markets
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
The News in Brief
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
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.