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.
investing
Financial Markets
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
Retail
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Financial Markets
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
Global Markets
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Technology
Bits & Bytes | Startups, VFiles, 3D Printing, Warby Parker
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Startups, VFiles, 3D Printing, Warby Parker
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Retail
Authentic Brands Adds Jones New York to Portfolio
Authentic Brands Group says it will add Jones New York to its portfolio of women's fashion brands.
Authentic Brands Adds Jones New York to Portfolio
Authentic Brands Group says it will add Jones New York to its portfolio of women's fashion brands.
Financial Markets
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
Financial Markets
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Financial Markets
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Financial Markets
Yoox Revives Talks With Richemont on Net-a-Porter Combination
Yoox SpA, the Italian online fashion retailer, said it has revived talks with Cie. Financiere Richemont SA over a possible link-up with the Swiss company’s Net-a-Porter unit.
Yoox Revives Talks With Richemont on Net-a-Porter Combination
Yoox SpA, the Italian online fashion retailer, said it has revived talks with Cie. Financiere Richemont SA over a possible link-up with the Swiss company’s Net-a-Porter unit.
Financial Markets
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Financial Markets
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
The News in Brief
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.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.