Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE, agreed to buy a majority stake in Italian …
Stake
TikTok Ready to Fight US Ban With 170 Million Users at Stake
Four years ago, when the Trump administration threatened to ban TikTok in the US, its Chinese parent company ByteDance Ltd. worked out a preliminary deal …
L’Oréal Eyes Stake in €3 Billion Perfume Brand Amouage
L’Oréal SA is considering a potential investment in Omani luxury fragrance company Amouage, according to people familiar with the matter. The French beauty group has …
L’Occitane Sells Grown Alchemist Stake to Outgoing CEO
Two years after joining the L’Occitane International SA portfolio, skincare brand Grown Alchemist is being taken private. L’Occitane announced on Apr. 2 before Hong Kong …
Pamela Anderson Purchases Stake in Sonsie Skin
She shares a stake in the company alongside founders Marie von Behrens-Felipe and Roberto A. Felipe, who launched the brand in June 2023. Sonsie bills …
Compass Diversified Announces Majority Stake in The Honey Pot
Publicly traded holding company Compass Diversified announced on Monday that it will be taking a majority stake in feminine care brand The Honey Pot. The …
Apparel Maker Faherty Explores Selling Minority Stake
Faherty Brand, a family-owned clothing brand and retailer, is exploring strategic options including the sale of a minority stake, according to people with knowledge of …
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 …
Farfetch’s Acquisition of Yoox Net-a-Porter Stake Gets EU Approval
European antitrust regulators have approved a deal that would see Farfetch enter a joint venture with Richemont to take ownership of rival luxury e-commerce platform …
Dr. Martens Shares Rise on Report of Stake Building by Activist Investor
Britain’s Dr. Martens’ shares were trading up 4 percent after Sky News reported that activist fund manager Sparta Capital accumulated stock worth tens of millions …
Richemont Takes Controlling Stake in Gianvito Rossi
Richemont has acquired a majority stake in Italian shoemaker Gianvito Rossi, the luxury giant said Friday. The news adds to a week of deal-making, following on …
Kering Acquires 30 Percent Stake in Valentino
French group Kering will acquire 30 percent of Rome-based Valentino as part of a broader partnership with Qatari investment fund Mayhoola, the company said Thursday. …
Bluebell Takes Kering Stake in Move to Push for Change
Bluebell Capital has taken a stake in French luxury group Kering and is pushing for change, including looking at a tie-up with Cartier-owner Richemont, two …
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 …
LVMH Emerges as ESG Magnet With $17 Billion Stake
The world’s biggest producer of luxury goods has emerged as a favourite among fund managers marketing themselves as promoters of environmental and social goals. More …
Louis Vuitton Owner Emerges as ESG Magnet With $17 Billion Stake
The world’s biggest producer of luxury goods has emerged as a favourite among fund managers marketing themselves as promoters of environmental and social goals. More …
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 …
Chanel and Brunello Cucinelli to Take Stake in Italian Yarn Manufacturer
Chanel and Brunello Cucinelli on Tuesday signed a joint agreement to take 24.5 percent stakes in Italian cashmere and wool manufacturer Cariaggi Lanificio. The Cariaggi …
Lululemon Takes Minority Stake in Recycling Tech Company
Athleisure brand Lululemon has taken a minority stake in Samsara Eco, an Australian company that uses enzymes to recycle plastics like polyester and nylon into …
OTB Group Acquires Majority Stake in Leather Goods Atelier Frassineti
The Italian fashion group, which owns Diesel and Maison Margiela, announced Thursday that it has acquired a majority shareholder stake in Frassineti, a Florentine leather …