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
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Financial Markets
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
News & Analysis
Walmart Heirs Snap Up Rapha, the British Bikewear Brand
"A slew of hungry investors, which included LVMH and the Italian private equity group Investindustrial, started to circle when rumors of a possible
Walmart Heirs Snap Up Rapha, the British Bikewear Brand
"A slew of hungry investors, which included LVMH and the Italian private equity group Investindustrial, started to circle when rumors of a possible
Financial Markets
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
Financial Markets
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
News Bites | NewStore Lands $50 Million in Funding
In today’s News Bites, mobile retail platform NewStore shares its plans to take on Amazon after a Series B funding round.
Financial Markets
VC Firm That Backed Gwyneth Paltrow Raises $150 Million
Felix Capital Partners plans to use the money to grab stakes in early-stage startups that tap into the growth of digital brands.
VC Firm That Backed Gwyneth Paltrow Raises $150 Million
Felix Capital Partners plans to use the money to grab stakes in early-stage startups that tap into the growth of digital brands.
Financial Markets
Why Artémis, Not Kering, Invested in Giambattista Valli
Last week, Artémis, the mega holding company of the Pinault family, announced that it has acquired a minority stake in Giambattista Valli. But why didn’t Kering just make the investment itself?
Why Artémis, Not Kering, Invested in Giambattista Valli
Last week, Artémis, the mega holding company of the Pinault family, announced that it has acquired a minority stake in Giambattista Valli. But why didn’t Kering just make the investment itself?
Financial Markets
Burberry Faces Investor Advisory Groups' Wrath on Executive Pay
The British luxury goods maker is facing growing opposition from some of its investors over how much it plans to award its executive team at this year's shareholder meeting.
Burberry Faces Investor Advisory Groups' Wrath on Executive Pay
The British luxury goods maker is facing growing opposition from some of its investors over how much it plans to award its executive team at this year's shareholder meeting.
Financial Markets
News Bites | Chaos to Launch Magazine, Zanzan Lands Investment
In today’s News Bites, Charlotte Stockdale and Katie Lyall are set to launch a magazine, while sunglasses brand Zanzan receives investment from Eiesha Bharti Pasricha.
News Bites | Chaos to Launch Magazine, Zanzan Lands Investment
In today’s News Bites, Charlotte Stockdale and Katie Lyall are set to launch a magazine, while sunglasses brand Zanzan receives investment from Eiesha Bharti Pasricha.
News & Analysis
Lululemon Has Invested in a Cycling Apparel Startup
"The collaboration points to the work that Lululemon's executive team has done to try to sell shoppers the idea that the apparel retailer does more
Lululemon Has Invested in a Cycling Apparel Startup
"The collaboration points to the work that Lululemon's executive team has done to try to sell shoppers the idea that the apparel retailer does more
Financial Markets
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Hudson's Bay Targeted by Activist Investor Land & Buildings
Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.
Financial Markets
LVMH Chief Raises Concerns on Global Economy
Bernard Arnault, the chairman and chief executive of LVMH, said he is optimistic about France’s new president, but worried about the state of the global economy.
LVMH Chief Raises Concerns on Global Economy
Bernard Arnault, the chairman and chief executive of LVMH, said he is optimistic about France’s new president, but worried about the state of the global economy.
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.