Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
investment
Global Markets
Reliance Brands Inks Joint Venture With Indian Designer Anamika Khanna
The joint venture will control and develop Khanna’s AK-OK label, with RBL taking a majority 60 percent stake in the new company and Khanna remaining as creative director of the label.
Reliance Brands Inks Joint Venture With Indian Designer Anamika Khanna
The joint venture will control and develop Khanna’s AK-OK label, with RBL taking a majority 60 percent stake in the new company and Khanna remaining as creative director of the label.
Luxury
Exclusive: Self-Portrait Founder Acquires Roland Mouret
Designer Han Chong is looking to build his own fashion group.
Exclusive: Self-Portrait Founder Acquires Roland Mouret
Designer Han Chong is looking to build his own fashion group.
Luxury
LVMH to Buy Marcolin’s 49 Percent Stake in Joint-Venture Thelios
France’s LVMH has reached an agreement with Italian group Marcolin to buy a 49 percent stake in Thelios, increasing its holding in the upscale Italian eyewear manufacturer for labels including Dior, Fendi and Celine.
LVMH to Buy Marcolin’s 49 Percent Stake in Joint-Venture Thelios
France’s LVMH has reached an agreement with Italian group Marcolin to buy a 49 percent stake in Thelios, increasing its holding in the upscale Italian eyewear manufacturer for labels including Dior, Fendi and Celine.
China
Cathay Capital Joins With Kering, L’Oréal to Launch China Fund
The Cathay Consumer Co-creation Fund plans to invest and incubate early-stage Chinese companies with high-growth potential in the consumer goods and retail sectors.
Cathay Capital Joins With Kering, L’Oréal to Launch China Fund
The Cathay Consumer Co-creation Fund plans to invest and incubate early-stage Chinese companies with high-growth potential in the consumer goods and retail sectors.
Topics
Private Equity Firm L Catterton Sets $7.8 Billion Fundraising Goal
The LVMH-backed firm is pitching a buyout fund — which would fund transactions in which the firm takes a controlling stake of a business — to investors, hoping to raise $6.5 billion.
Private Equity Firm L Catterton Sets $7.8 Billion Fundraising Goal
The LVMH-backed firm is pitching a buyout fund — which would fund transactions in which the firm takes a controlling stake of a business — to investors, hoping to raise $6.5 billion.
Beauty
Nestlé Trims L’Oréal Stake With $10 Billion Sale
The Nescafe maker said on Tuesday it would cut its stake in L’Oréal to about 20 percent by selling shares worth €8.9 billion ($10 billion) back to the French cosmetics brand.
Nestlé Trims L’Oréal Stake With $10 Billion Sale
The Nescafe maker said on Tuesday it would cut its stake in L’Oréal to about 20 percent by selling shares worth €8.9 billion ($10 billion) back to the French cosmetics brand.
China
Chinese Sportswear Upstart Maia Active Raises $15.7 Million
The Shanghai-based, woman-focussed sportswear brand has raised nearly 100 million yuan in a series C round of financing, led by Belle International.
Chinese Sportswear Upstart Maia Active Raises $15.7 Million
The Shanghai-based, woman-focussed sportswear brand has raised nearly 100 million yuan in a series C round of financing, led by Belle International.
Sustainability
The Year Ahead: Paving the Way for Closed-Loop Recycling
The scaling of closed-loop recycling could help reduce fashion’s environmental impact at the materials level. The technologies to make this happen are maturing, creating an opportunity for companies to embed them in a product’s design phase while adopting processes to enable scaling.
The Year Ahead: Paving the Way for Closed-Loop Recycling
The scaling of closed-loop recycling could help reduce fashion’s environmental impact at the materials level. The technologies to make this happen are maturing, creating an opportunity for companies to embed them in a product’s design phase while adopting processes to enable scaling.
Partner Content
Reimagining Funding to Democratise Fashion Entrepreneurship
Clearco has invested more than $2.4 billion in over 6,000 businesses, leveraging AI to remove the bias. Its portfolio has eight times more women-founded businesses than traditional VC firms and 30 percent of founders are people of colour.
Reimagining Funding to Democratise Fashion Entrepreneurship
Clearco has invested more than $2.4 billion in over 6,000 businesses, leveraging AI to remove the bias. Its portfolio has eight times more women-founded businesses than traditional VC firms and 30 percent of founders are people of colour.
Global Markets
TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment
ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services Chinese online vendors.
TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment
ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services Chinese online vendors.
Retail
Maison Kitsuné Launches Investment Arm, Backs Connor McKnight
The French fashion and lifestyle brand’s early stage investment arm, Kitsuné Ventures, launched Nov. 29 and will invest in businesses across fashion, media, hospitality and technology.
Maison Kitsuné Launches Investment Arm, Backs Connor McKnight
The French fashion and lifestyle brand’s early stage investment arm, Kitsuné Ventures, launched Nov. 29 and will invest in businesses across fashion, media, hospitality and technology.
China
Chinese Beauty Retailer Harmay Acquires Kevyn Aucoin Brand
The up-and-coming beauty retailer recently acquired the makeup brand, though no other details have been revealed about the deal.
Chinese Beauty Retailer Harmay Acquires Kevyn Aucoin Brand
The up-and-coming beauty retailer recently acquired the makeup brand, though no other details have been revealed about the deal.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.