Nike Inc. has appointed a new top strategy executive as its leadership team tries to turn things around at the world’s largest sportswear company. Jennifer …
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How Diriyah Company Is Driving Cultural Transformation in Saudi Arabia
Partner Content On stage at BoF CROSSROADS, Her Highness Princess Noura bint Faisal Al Saud, founder and CEO of Culture House, and Kiran Haslam, chief …
Bread Beauty Supply Acquired by Cost of Doing Business, the Holding Company Led by Topicals Founder
Australian premium hair care brand Bread Beauty Supply has been acquired by Cost of Doing Business, a holding company founded by Olamide Olowe and Sochi …
Italian Court Lifts Controls Placed on Armani Company Over Labour Practices
An Italian court has ended early special administration imposed on a unit of the Armani fashion group over labour practices of its Chinese-owned subcontractors, it …
Edward Enninful Launches Media and Entertainment Company
Edward Enninful, former European editorial director of Vogue and editor-in-chief of British Vogue, is launching EE72, a media and entertainment company. Based in New York …
Mytheresa to Rename Parent Company After YNAP Acquisition
Mytheresa is planning to rename its parent company, MYT Netherlands Parent B.V., to LuxExperience once its deal to acquire its luxury e-commerce rival Yoox-Net-a-Porter closes …
Vera Wang Brand Acquired by Fashion Holding Company WHP Global
WHP Global has acquired the intellectual property of Vera Wang, the fashion operating and licensing company announced Monday. WHP also owns Bonobos, Rag & Bone …
Canadian Fashion Company Groupe Dynamite Launches IPO
Groupe Dynamite Inc. shares fell 2 percent in Toronto after its C$300 million ($215 million) initial public offering, Canada’s first corporate listing since March 2023. …
CVS to Lay Off 2,900 Employees, Considering Company Breakup
CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1 percent of its workforce, as the healthcare conglomerate aims to …
Moncler CEO Strengthens Grip on Company With LVMH Deal
Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in …
Olaplex Sales Fall, But Company Says Recovery Is on Track
Olaplex showed signs of recovery with strong sales from Sephora and other stores in the second quarter, but those gains didn’t make up for a …
The High Stakes of Manchester City’s C.P. Company Partnership
C.P. Company will become the new fashion partner of eight-time Premier League champions Manchester City for the 2024/25 season onwards, the company told BoF. City …
L’Occitane Revises Privatisation Bid, Offers Equity in New Company
In an exchange filing published on June 17, the company updated its buyout offer, giving shareholders an option between the existing HK $34 ($4.35) per …
Swiss Sneaker Company On Reports Record Quarterly Revenue of $560 Million
On, the Zurich-based running sneaker brand reported net sales of CHF 508.2 million ($560.9 million) for the quarter ended March 31, up 21 percent year-over-year. …
Peloton CEO to Step Down as Company Cuts 15% of Jobs
Peloton Interactive Inc. shares fell to a record low after chief executive officer Barry McCarthy announced plans to step down and the struggling fitness company …
Blackstone Nears Buyout of Skincare Company L’Occitane
L’Occitane International SA’s billionaire owner Reinold Geiger and Blackstone Inc. are nearing a deal to take the skincare company private, people familiar with the matter …
Armani Group Owned Company Put in Receivership Amid Labour Exploitation Probe
An Italian court on Friday placed under judicial administration a company owned by Italian fashion group Armani, accused of indirectly subcontracting its production to Chinese …
What a Fashion Company Is Worth Today
When Milan-based private equity firm Styles Capital announced it acquired the sneaker brand Autry earlier this month, it seemed to signal a reawakening of fashion’s …
Balmain CEO Exits Company | BoF
Jean-Jacques Guevel, chief executive of Balmain, is stepping down “to pursue other interests” after four years leading the Parisian fashion house. Guevel steered Mayhoola-owned Balmain …
Li Ning Considers Taking Company Private, Sources Say
Chinese billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, …