As strategic firms slow down their shopping sprees and venture capital dollars dry up, PE firms’ reputation for asset stripping is a thing of the past. Founders are now often hoping for private equity buyouts, but want to be sure there can be a true partnership.
As strategic firms slow down their shopping sprees and venture capital dollars dry up, PE firms’ reputation for asset stripping is a thing of the past. Founders are now often hoping for private equity buyouts, but want to be sure there can be a true partnership.
This week, I’m thinking about creators-turned-founders, a high-glam makeup brand’s money problems and Sue Nabi’s potential departure.
This week, I’m thinking about creators-turned-founders, a high-glam makeup brand’s money problems and Sue Nabi’s potential departure.
Elliott Management has acquired a stake of over $1 billion in the activewear brand and is lining up a potential CEO candidate to take over after Calvin McDonald’s departure.
Elliott Management has acquired a stake of over $1 billion in the activewear brand and is lining up a potential CEO candidate to take over after Calvin McDonald’s departure.
The e-tailer and its in-house fashion label, Raey, are set to return next year with a new business model after its IP was acquired by Mario Maher and Joe Wilkinson’s newly formed Hulcan group.
The e-tailer and its in-house fashion label, Raey, are set to return next year with a new business model after its IP was acquired by Mario Maher and Joe Wilkinson’s newly formed Hulcan group.
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
This week’s round-up of global markets fashion business news also features Turkey’s EU Green Deal and Indonesia’s thrift boom.
The French group is contributing 715-717 Fifth Avenue to a new joint venture with Ardian, as it continues its push to maintain control of prime retail locations while raising cash.
The French group is contributing 715-717 Fifth Avenue to a new joint venture with Ardian, as it continues its push to maintain control of prime retail locations while raising cash.
A new stay order granted by the Superior Court of Quebec gives the embattled Canadian e-tailer until Feb. 19 to right size its business.
A new stay order granted by the Superior Court of Quebec gives the embattled Canadian e-tailer until Feb. 19 to right size its business.
Fashion is facing a crunch as consumers grow more cautious and the full impact of tariffs comes into view. Brands and retailers need to cut their expenses, but they can’t stop investing towards the future if they want to win in the long-term.
Fashion is facing a crunch as consumers grow more cautious and the full impact of tariffs comes into view. Brands and retailers need to cut their expenses, but they can’t stop investing towards the future if they want to win in the long-term.
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.
A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.