The French luxury conglomerate is in talks to sell its 51 percent stake in the label back to the British designer after a 5-year partnership.
The French luxury conglomerate is in talks to sell its 51 percent stake in the label back to the British designer after a 5-year partnership.
The acquisition comes as the sport is being considered for Olympics status.
The acquisition comes as the sport is being considered for Olympics status.
Founder George Feldenkreis had said that going private would let the company take a long-term view to confront challenges facing the clothing industry.
Founder George Feldenkreis had said that going private would let the company take a long-term view to confront challenges facing the clothing industry.
Patrizio Bertelli added his son Lorenzo may one day head the company.
Patrizio Bertelli added his son Lorenzo may one day head the company.
Founded in 2007, Gilt Groupe was once valued at $1 billion and primed to go public. But the flash sales model has since waned in popularity as off-price designer inventory became harder and harder to secure.
Founded in 2007, Gilt Groupe was once valued at $1 billion and primed to go public. But the flash sales model has since waned in popularity as off-price designer inventory became harder and harder to secure.
The divestment sheds a business that has been holding the Swiss luxury-goods maker back its growth in fashion and accessories.
The divestment sheds a business that has been holding the Swiss luxury-goods maker back its growth in fashion and accessories.
The Swiss luxury goods group has garnered more than 95 percent of the Italian group's shares.
The Swiss luxury goods group has garnered more than 95 percent of the Italian group's shares.
The brand, which is seen as punching below its weight in handbags and leather accessories compared to its peers, will acquire the luxury leather-goods business from longstanding Italian supply partner CF&P.
The brand, which is seen as punching below its weight in handbags and leather accessories compared to its peers, will acquire the luxury leather-goods business from longstanding Italian supply partner CF&P.
Richemont in January offered up to $3.32 billion for full control of the retailer.
Richemont in January offered up to $3.32 billion for full control of the retailer.
The deal gives Walmart greater access to India’s e-commerce market, while Flipkart gets additional capital and expertise to battle Amazon.
The deal gives Walmart greater access to India’s e-commerce market, while Flipkart gets additional capital and expertise to battle Amazon.
The deal gives Rogers and Cowan access to fashion brands and influencers and expands the opportunities available to ITB clients.
The deal gives Rogers and Cowan access to fashion brands and influencers and expands the opportunities available to ITB clients.
Jack Ma is expanding his reach in Pakistan, striking a deal for Alibaba to buy the Rocket Internet-backed online shopping outlet.
Jack Ma is expanding his reach in Pakistan, striking a deal for Alibaba to buy the Rocket Internet-backed online shopping outlet.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.