Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
mergers-acquisitions
Sports
Tomorrow Ltd Acquires Samuel Ross’ A-Cold-Wall
After buying out the designer’s stake, the London-based brand accelerator now owns 100 percent of the label.
Tomorrow Ltd Acquires Samuel Ross’ A-Cold-Wall
After buying out the designer’s stake, the London-based brand accelerator now owns 100 percent of the label.
Retail
Can Farfetch Survive Coupang’s Shock Therapy?
Founder José Neves and eight other c-suite executives are departing the luxury marketplace, which faces an uncertain future under its new owner.
Can Farfetch Survive Coupang’s Shock Therapy?
Founder José Neves and eight other c-suite executives are departing the luxury marketplace, which faces an uncertain future under its new owner.
Luxury
Tod’s Group to Go Private in Deal with L Catterton
Ties run deep between the Della Valle family that controls Tod’s and L Catterton backer LVMH. The delisting could allow Tod’s to invest heavily in promoting its brands while cleaning up distribution away from the scrutiny of public markets.
Tod’s Group to Go Private in Deal with L Catterton
Ties run deep between the Della Valle family that controls Tod’s and L Catterton backer LVMH. The delisting could allow Tod’s to invest heavily in promoting its brands while cleaning up distribution away from the scrutiny of public markets.
Beauty
Billionaire Geiger Shakes Up L’Occitane as Blackstone Eyes Firm
Billionaire Reinold Geiger is making a renewed push to take global cosmetics firm L’Occitane International SA private, the strongest indication yet that a succession plan is underway.
Billionaire Geiger Shakes Up L’Occitane as Blackstone Eyes Firm
Billionaire Reinold Geiger is making a renewed push to take global cosmetics firm L’Occitane International SA private, the strongest indication yet that a succession plan is underway.
Retail
Activist Hedge Fund Is Pushing Kohl’s to Sell
Kohl’s rejected acquisition offer was worth as much as $64 per share in 2022, when it also came under pressure from several activist shareholders to explore a sale.
Activist Hedge Fund Is Pushing Kohl’s to Sell
Kohl’s rejected acquisition offer was worth as much as $64 per share in 2022, when it also came under pressure from several activist shareholders to explore a sale.
Global Markets
Brazil Fashion Companies Arezzo and Soma Agree to a Merger
The newly formed entity has revenues of 12 billion reais ($2.42 billion) with Arezzo to control 54 percent of the business.
Brazil Fashion Companies Arezzo and Soma Agree to a Merger
The newly formed entity has revenues of 12 billion reais ($2.42 billion) with Arezzo to control 54 percent of the business.
Luxury
South Korea’s Coupang Completes Farfetch Acquisition
South Korean e-commerce firm Coupang on Wednesday announced it finalised its deal to control all of Farfetch’s assets, which include its online luxury marketplace and e-commerce software platform.
South Korea’s Coupang Completes Farfetch Acquisition
South Korean e-commerce firm Coupang on Wednesday announced it finalised its deal to control all of Farfetch’s assets, which include its online luxury marketplace and e-commerce software platform.
Beauty
The Thinking Behind Beauty’s Latest M&A Wave
With a limited number of targets on the market, strategics and private equity firms are rushing to snap up the most promising brands.
The Thinking Behind Beauty’s Latest M&A Wave
With a limited number of targets on the market, strategics and private equity firms are rushing to snap up the most promising brands.
Retail
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Beauty
Bridgepoint Acquires Anti-Aging Brand Roc Skincare
London-listed investment firm Bridgepoint (BPTB.L) has agreed to buy the line from Gryphon Investors.
Bridgepoint Acquires Anti-Aging Brand Roc Skincare
London-listed investment firm Bridgepoint (BPTB.L) has agreed to buy the line from Gryphon Investors.
Marketing
The Independents Acquires Atelier Athem
Fashion PR giant The Independents Group has acquired Atelier Athem, a Paris-based scenography firm.
The Independents Acquires Atelier Athem
Fashion PR giant The Independents Group has acquired Atelier Athem, a Paris-based scenography firm.
Luxury
Struggling Fashion House Trussardi Nears Brand, Assets Sale
After an extended marketing process that saw little demand, the brand is set to be sold to Miroglio Group.
Struggling Fashion House Trussardi Nears Brand, Assets Sale
After an extended marketing process that saw little demand, the brand is set to be sold to Miroglio Group.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.