The family of Estée Lauder Companies Inc. heir Leonard Lauder is seeking to raise about $1 billion in a sale of shares in the beauty …
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Heirs
Tough Choices for Armani’s Heirs
Dear BoF Community, Even though the fashion month season is well underway in New York, industry attention has still been focused on the news of …
Giorgio Armani’s Will Tells Heirs to Sell the Brand or Seek IPO
The will of late fashion designer Giorgio Armani instructs heirs to sell a 15 percent stake in the Italian fashion house within 18 months and …
Engaged Capital Gains Support of VF Heirs to Shake Up North Face Owner
Activist investor Engaged Capital has the backing of the founding family of VF Corp in its push for board seats and faster change at the …
Chanel Heir’s PE Vehicle Hires Former Richemont Exec Chabi Nouri
Chabi Nouri, CEO of Richmont-owned Piaget from 2017 to 2021, is set to join Geneva-based asset manager Mirabaud. Nouri will work alongside David Wertheimer (son …