Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.

Hermès can keep selling its famous Birkin bags after actress Jane Birkin said she was satisfied with how the company ensures the ethical treatment of crocodiles reared for their skins.

Hermès can keep selling its famous Birkin bags after actress Jane Birkin said she was satisfied with how the company ensures the ethical treatment of crocodiles reared for their skins.

In a bid to make their stores a one-stop destination, high street retailers are launching own-brand beauty lines.

In a bid to make their stores a one-stop destination, high street retailers are launching own-brand beauty lines.

Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.

Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.

Hermès said it’s talking to Jane Birkin to allay her concerns about crocodile slaughter practices after the actress demanded the leather-goods maker stop using her name on its bestselling bag.

Hermès said it’s talking to Jane Birkin to allay her concerns about crocodile slaughter practices after the actress demanded the leather-goods maker stop using her name on its bestselling bag.

Designers and educators weigh in on fashion schools’ search for the equilibrium between teaching business and nurturing creativity.

Designers and educators weigh in on fashion schools’ search for the equilibrium between teaching business and nurturing creativity.

Financial innovation is bubbling up around the globe, but China is where digital banking, investing, and lending have gone mainstream.

Financial innovation is bubbling up around the globe, but China is where digital banking, investing, and lending have gone mainstream.

Dan Bailey and Joe Kazuaki of Tokyo Dandy tell BoF about connecting Tokyo’s fashion and club scenes, and being a ‘welcoming committee’ for international brands.

Dan Bailey and Joe Kazuaki of Tokyo Dandy tell BoF about connecting Tokyo’s fashion and club scenes, and being a ‘welcoming committee’ for international brands.

Stella McCartney says she'll stop using wool from an Argentine supplier amid concerns about the treatment of sheep.

Stella McCartney says she'll stop using wool from an Argentine supplier amid concerns about the treatment of sheep.

BoF compiles the most important professional moves of the week.

BoF compiles the most important professional moves of the week.

This month, our Spotlight shines on London-based designer Daniel W. Fletcher, who launched his urban menswear line straight after graduation with the support of Saga Furs and Inditex.

This month, our Spotlight shines on London-based designer Daniel W. Fletcher, who launched his urban menswear line straight after graduation with the support of Saga Furs and Inditex.

Alibaba Group Holding Ltd said Monday it will invest 28.3 billion yuan ($4.56 billion) in Suning Commerce Group Co Ltd.

Alibaba Group Holding Ltd said Monday it will invest 28.3 billion yuan ($4.56 billion) in Suning Commerce Group Co Ltd.

The illustrator, roving creative director and prolific Instagrammer says real success arrived when he stopped listening to focus groups.

The illustrator, roving creative director and prolific Instagrammer says real success arrived when he stopped listening to focus groups.
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.