Nikhil Thukral, managing partner at the LVMH-affiliated private equity fund, talks about the ingredients of winning companies, the dynamics challenging fashion's incumbents and how economic shifts are shaping investor strategies in the BoF-McKinsey State of Fashion 2025.
For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.
The underwear start-up was once pegged as Gen-Z’s answer to Victoria’s Secret. But investors, executives and founder Cami Téllez couldn’t agree on whether to prioritise growth or profitability. They ended up with the worst of both worlds.
M&A is gathering pace in Japan’s beauty industry as local conglomerates look to diversify their portfolios beyond Asia and target high-growth categories overseas.
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Frasers said on Monday, Shein will acquire the intellectual property and trademarks of Missguided, while Frasers will retain its real estate and employees which have now been integrated into Frasers’ fashion division.
The complex agreement would see the luxury marketplace eventually take control of its top competitor from current owner Richemont.
This week, softening sales growth at the French giant was the latest sign that the post-pandemic luxury boom is over, but chairman Bernard Arnault may be able to play the weak market to his advantage.
Join us for a BoF Professional Masterclass that explores the topic in our Case Study, “Inside Beauty’s Biggest Disruptor.”
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Pinault family holding Artémis is acquiring private equity firm TPG’s stake in the Hollywood talent giant in a deal that values the business at $7 billion.
Pinault sees CAA as a way to invest in the value of celebrities and may be able to use some of the Hollywood talent giant’s famous faces to bolster luxury group Kering.
The purchase of the high-growth indie label marks the company’s first M&A deal since 2020.
The value of a newly acquired brand can plummet if the people who made it a creative and commercial force rush for the exits as soon as the deal closes.
The designer is stepping down from the London-based label she founded in 2012, a year after selling her majority stake to Another Community. She will shift her focus to filmmaking and other creative pursuits.
The producer price index rose 6.5% from October 2025, an acceleration from the prior month, according to Bureau of Labor Statistics data out Friday. On a monthly basis, the PPI increased 0.3%.
The British retailer, controlled by billionaire Mike Ashley, has been expanding its presence in the premium and luxury segments.
Shares closed 14 percent lower in Tokyo after the Japanese sportswear maker’s earnings fell short of analysts’ expectations.
Richemont shares fell as much as 9 percent on Friday as signs of cooling growth in the jewellery sector overshadowed a faster-than-expected rise in quarterly sales at the Cartier owner.
She succeeds Karla Martínez de Salas, who announced her departure in September after a decade at the publication’s helm.
The suspects stole more than €1 million worth of jewellery before fleeing on motor scooters, according to reports.
Jensen Huang’s exit deepens the crisis at the chipmaker at the centre of the AI rally that’s powered new wealth creation in the US, luxury fashion’s most important market.