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
Vancouver’s ‘Golden Time’ Unleashing Luxury Boom
An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Vancouver’s ‘Golden Time’ Unleashing Luxury Boom
An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Financial Markets
Apax Makes Waves on the Battlefield of Luxury E-Commerce
With MatchesFashion and now Moda Operandi in its portfolio of investments, what is Apax Partners’ endgame in fashion e-commerce?
Apax Makes Waves on the Battlefield of Luxury E-Commerce
With MatchesFashion and now Moda Operandi in its portfolio of investments, what is Apax Partners’ endgame in fashion e-commerce?
Financial Markets
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
Financial Markets
L'Officiel and US Partner GEM Group Announce $50 Million Investment Fund
The partners will support global and emerging brands with capital and marketing support.
L'Officiel and US Partner GEM Group Announce $50 Million Investment Fund
The partners will support global and emerging brands with capital and marketing support.
Financial Markets
BoF Exclusive | Victoria Beckham Raises £30 Million to Boost Fashion Brand
The pop star-turned-fashion entrepreneur has raised new funding from growth equity firm Neo Investment Partners in a deal that valued the business at £100 million.
BoF Exclusive | Victoria Beckham Raises £30 Million to Boost Fashion Brand
The pop star-turned-fashion entrepreneur has raised new funding from growth equity firm Neo Investment Partners in a deal that valued the business at £100 million.
Financial Markets
Hudson's Bay Investors Urge Debt Reduction
The department store chain's shareholders want it to return cash to them and not invest the proceeds in traditional retail operations.
Hudson's Bay Investors Urge Debt Reduction
The department store chain's shareholders want it to return cash to them and not invest the proceeds in traditional retail operations.
Financial Markets
Billionaire Frere Increases Burberry Stake After Share Plunge
Albert Frere, a longtime business associate of Bernard Arnault, raised his holding to 6 percent from 4 percent a day after its shares fell 10 percent on disappointment over Marco Gobbetti’s strategic plan.
Billionaire Frere Increases Burberry Stake After Share Plunge
Albert Frere, a longtime business associate of Bernard Arnault, raised his holding to 6 percent from 4 percent a day after its shares fell 10 percent on disappointment over Marco Gobbetti’s strategic plan.
Financial Markets
How Supreme Grew a $1 Billion Business with a Secret Partner
Supreme scaled from scrappy start-up to billion-dollar streetwear juggernaut with private equity funding going back to 2014.
How Supreme Grew a $1 Billion Business with a Secret Partner
Supreme scaled from scrappy start-up to billion-dollar streetwear juggernaut with private equity funding going back to 2014.
Financial Markets
How to Sell a Fashion Brand
Founders aiming to sell a stake in their company must be able to answer a series of critical questions.
How to Sell a Fashion Brand
Founders aiming to sell a stake in their company must be able to answer a series of critical questions.
Financial Markets
Supreme Confirms Investment From Carlyle Group
Supreme founder James Jebbia has confirmed that private equity giant The Carlyle Group has taken a stake in the skater-inflected label and longtime purveyor of ‘downtown cool.’
Supreme Confirms Investment From Carlyle Group
Supreme founder James Jebbia has confirmed that private equity giant The Carlyle Group has taken a stake in the skater-inflected label and longtime purveyor of ‘downtown cool.’
Financial Markets
Nestlé Chief's Strategic Vision Overshadowed by Death at L'Oréal
Following the death of heiress Liliane Bettencourt, Nestlé management faces increased pressure to 'clarify its thinking on the company’s mid-term relationship with L'Oréal,' say analysts.
Nestlé Chief's Strategic Vision Overshadowed by Death at L'Oréal
Following the death of heiress Liliane Bettencourt, Nestlé management faces increased pressure to 'clarify its thinking on the company’s mid-term relationship with L'Oréal,' say analysts.
Financial Markets
Artemis Launches Kering €375 Million Convertible Bond Offer
The bond offer from Francois Pinault's family holding company will give investors exposure to shares in Pinault's luxury goods group Kering.
Artemis Launches Kering €375 Million Convertible Bond Offer
The bond offer from Francois Pinault's family holding company will give investors exposure to shares in Pinault's luxury goods group Kering.
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.