Less than three years after Kim Kardashian launched SKKN by Kim, her shapewear brand Skims has acquired Coty’s minority stake and Kardashian’s majority stake in …
Buys
Alibaba’s Tsai-Backed Firm Buys 12% of Italian Luxury Sneaker Maker Golden Goose
Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12 percent stake in Italian luxury sneaker maker Golden …
Bic Buys Tangle Teezer for $210 Million
Tangle Teezer, the hair brush maker known for its brightly coloured and ergonomic detangling tools, has been acquired by consumer goods firm Bic. The deal, …
L’Oréal Third Quarter Sales Miss Expectations as China Buys Less
French cosmetics giant L’Oréal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty …
Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race
Chanel bought a building on avenue Montaigne, a high-profile shopping destination in Paris, as European luxury players swoop in to secure prime real estate for …
Cassandra Grey Buys Back Violet Grey — With Some Help
Cassandra Grey, the founder of Violet Grey, has bought back the Los Angeles-based retailer in partnership with Sherif Gurgis, the company announced on Monday. Guirgis, …
Chanel Buys Stake in Independent Swiss Watchmaker MB&F
Chanel Ltd. is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker financial security while boosting …
LVMH’s L Catterton Buys Malls Stake in £1.5 Billion Deal
L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE, has agreed to buy Hammerson Plc’s stake …
Pamela Love Buys Back Her Brand
Pamela Love has bought back her namesake jewellery brand from RedLuxury Group, the designer told The Business of Fashion. RedLuxury, a Paris-based investment firm, acquired …
LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839
LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury conglomerates …
Frasers Buys THG’s Coggles Website as They Unveil Partnership Deal
Mike Ashley’s Frasers has bought luxury goods websites from THG in a deal that will also include selling the online health and beauty retailer’s protein …
Thailand’s Central Buys German Luxury Retail Property Kadewe
Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another …
Zara Founder Ortega Buys Dutch Warehouse Leased to Primark for $110 Million
Spanish billionaire Amancio Ortega has bought a logistics centre in the Netherlands currently used by rival British fashion retailer Primark for 110 million euros ($121 …
Prada Buys New York Fifth Avenue Store Building for $425 million
Italian fashion house Prada has paid $425 million to buy the building on Fifth Avenue in New York which currently hosts its store, the company …
Mike Ashley’s Frasers Group Buys Matchesfashion
Frasers Group, the retail group owned by British high street tycoon Mike Ashley, has agreed to buy luxury e-tailer Matchesfashion for just £52 million ($63 …
Breitling Buys Watchmaker Universal Genève in First Major Deal
Swiss luxury watch maker Breitling AG is making its first major acquisition, buying Universal Genève in an attempt to revive a brand that has faded …
Target CEO Signals a Halt to Revenge Spending and Delays in Impulse Buys
Target’s CEO said Wednesday that customers are continuing to make more tradeoffs in their family budgets and delay some spending. “Overall, consumers are still spending, …
Pinault Buys Majority Stake in Talent Agency CAA
French billionaire François Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant Creative Artists Agency from the private equity …
Shein Buys Missguided Brand From Britain’s Frasers
Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers …
Our Editor’s Quiet Luxury Picks Are A Mouthwatering Array Of Affordable Buys & Investment Pieces – Digital Online Fashion Magazine | Free Fashion Magazine
It can be hard to know which trends have staying power, and what is just tomorrow’s forgotten TikTok aesthetic. But we have a feeling “quiet …