Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
grammys
Latest News & Analysis
Fashion Week
Let's Reimagine 'Fashion Month'
With more and more designers showing beyond the traditional womenswear weeks and experimenting with new presentation formats, what does the future hold for 'fashion month'?
Let's Reimagine 'Fashion Month'
With more and more designers showing beyond the traditional womenswear weeks and experimenting with new presentation formats, what does the future hold for 'fashion month'?
Fashion Week
News Bites | Peter Dundas on his Beyoncé Surprise, Coach's Virtual Reality Runway and More...
In today's News Bites, how Peter Dundas pulled off a coup launching his own brand with Beyoncé at the Grammys, while Diane von Furstenberg hires a L'Oréal veteran as her new co-chairman.
News Bites | Peter Dundas on his Beyoncé Surprise, Coach's Virtual Reality Runway and More...
In today's News Bites, how Peter Dundas pulled off a coup launching his own brand with Beyoncé at the Grammys, while Diane von Furstenberg hires a L'Oréal veteran as her new co-chairman.
News & Analysis
New York Fashion Week: Will Menswear Outshine Womenswear? It Definitely did at the Grammys.
“Menswear has been more intriguing than womenswear for a while now. Perhaps it’s because change in men’s clothing tends to happen in such tiny
New York Fashion Week: Will Menswear Outshine Womenswear? It Definitely did at the Grammys.
“Menswear has been more intriguing than womenswear for a while now. Perhaps it’s because change in men’s clothing tends to happen in such tiny
ADVERTISEMENT
ADVERTISEMENT
The News in Brief
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.