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.
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Latest News & Analysis
Fashion Week
Three London Labels Stick to Their Guns
Marques’Almeida, Molly Goddard and Halpern — three labels dressing radically different women — each succeeded in solidified their codes, even if that meant looking back to move forwards.
Three London Labels Stick to Their Guns
Marques’Almeida, Molly Goddard and Halpern — three labels dressing radically different women — each succeeded in solidified their codes, even if that meant looking back to move forwards.
Fashion Week
Marques' Almeida's Power Women
The Portuguese couple’s formula is one that makes sense: to bring the women who actually want to wear the clothes into the frame.
Marques' Almeida's Power Women
The Portuguese couple’s formula is one that makes sense: to bring the women who actually want to wear the clothes into the frame.
Fashion Week
Marques'Almeida's Poised Americana
This season, the designers brought an altogether sexier edge to their repertoire.
Marques'Almeida's Poised Americana
This season, the designers brought an altogether sexier edge to their repertoire.
News & Analysis
News Bites | Chaos Denies Jony Ive Report, Marques’Almeida's Interactive Campaign
In today's News Bites, Charlotte Stockdale denies a report that Apple chief design officer Jony Ive is an investor in her accessories brand, Chaos, plus a first look at Marques’Almeida's new interactive campaign.
News Bites | Chaos Denies Jony Ive Report, Marques’Almeida's Interactive Campaign
In today's News Bites, Charlotte Stockdale denies a report that Apple chief design officer Jony Ive is an investor in her accessories brand, Chaos, plus a first look at Marques’Almeida's new interactive campaign.
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Fashion Week
Joyful Realness at Marques’Almeida
The duo's considered approach and sense of realness has won them success amongst smart young women.
Joyful Realness at Marques’Almeida
The duo's considered approach and sense of realness has won them success amongst smart young women.
Fashion Week
Marques'Almeida’s Mystery Closet
A little bit of this, a little bit of that, different strokes for different folks from Marques'Almeida.
Marques'Almeida’s Mystery Closet
A little bit of this, a little bit of that, different strokes for different folks from Marques'Almeida.
Fashion Week
Marques'Almeida's Rough-Edged Romance
The collection played with the duality between a certain kind of grandeur and a toned down casualness, bled over from last season’s electric brocades and denim.
Marques'Almeida's Rough-Edged Romance
The collection played with the duality between a certain kind of grandeur and a toned down casualness, bled over from last season’s electric brocades and denim.
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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.