British menswear brand Represent has sold a minority stake to London-based private-equity firm True, The Business of Fashion can exclusively reveal. According to Represent chief …
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Buy Now, Pay Later Firm Klarna Files for US IPO
Swedish payments firm Klarna has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. …
Actress Olivia Wilde Launches Consumer Investment Firm
Actor, director and producer Olivia Wilde has quietly co-founded an investment firm known as Proximity Ventures, according to people with knowledge of the matter. Wilde …
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
Révive has a new owner. The ultra-luxury skincare line founded by Dr. Gregory Brown in 1997 has been acquired for an undisclosed amount by Chinese …
Nail Care Brand Nails Inc Acquired by Private Equity Firm
Nails Inc, the British nail care company founded in 1999 by entrepreneur Thea Green has been acquired by private equity firm Pacific World Corporation, the …
Birkenstock Boosts Annual Forecasts on Full-Price Selling, Firm Demand
Birkenstock raised its annual revenue and core profit forecasts on Thursday as the German sandal maker bets on full-price selling and strong demand for its …
Buyout Firm Sycamore Vies to Take Nordstrom Private, Sources Say
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking US department store Nordstrom private, according to people familiar with …
Online Marketplace Verishop Acquires Data Firm Trendalytics
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March, the company confirmed to Business of Fashion. …
Billionaire Geiger Shakes Up L’Occitane as Blackstone Eyes Firm
Billionaire Reinold Geiger is making a renewed push to take global cosmetics firm L’Occitane International SA private, the strongest indication yet that a succession plan …
Eyewear Firm Safilo Ends Licensing Deal With Influencer Ferragni
Italian eyewear maker Safilo Group SpA said it ended its licensing deal with influencer Chiara Ferragni, who is mired in a controversy over charity donations. …
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
Ralph Lauren has sold its Club Monaco brand to private equity firm Regent, L.P., the American fashion company said Thursday. The financial terms of the …
PR Firm Science Magic Inc. to Enter Administration
On Monday morning, London-based communications firm Science Magic Inc. terminated its staff, effective immediately, after informing them the company would enter administration, according to multiple sources. …
Kim Kardashian’s Private Equity Firm Taps Angela Ahrendts for Advisor Role
SKKY Partners, a private equity firm founded by Kim Kardashian, announced it has tapped Angela Ahrendts as a senior operating advisor. Ahrendts previously served as …
L’Occitane Owner Said to Mull Buyout of $4 Billion Beauty Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge of the matter said. Billionaire Chairman Reinold …
Kim Kardashian in Talks to Buy Back Beauty Firm Stake From Coty
Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm from the fragrance and cosmetics company, the Wall …
Asos Sales Fall 14 Percent in Latest Quarter as Firm Prioritises Profit
British online fashion retailer Asos on Thursday reported a 14 percent drop in quarterly revenue but said its new strategy was starting to work as …
Prada, Zegna Acquire Minority Stake in Knitwear Firm Fedeli
Prada and Ermenegildo Zegna on Tuesday said they have acquired a minority stake in Luigi Fedeli e Figlio, highlighting the importance of high-quality knitwear in …
Private Equity Firm Takes Control of Italian Leather Goods Supplier
Investment firm Permira has acquired the majority of Gruppo Florence in a deal which a source close to the matter said valued the hub of …
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global …
US Brand Management Firm Bluestar Alliance Buys Scotch & Soda Label
Bluestar Alliance, a US brand management company, said on Monday it has acquired the Scotch & Soda clothing brand from its Dutch owner for an …