The minimalist French ready-to-wear brand, founded by Jean Touitou in 1987, has agreed to sell a majority stake to the LVMH and Groupe Arnault-backed private …
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Stake
SMCP Shares Rise as Bondholders Begin Stake Sale
Shares in contemporary French fashion group SMCP rose in early morning trading after bondholders launched a sale process for a 37 percent stake in the company, potentially …
Anta Sinks as $1.2 Billion Stake Pops Up in Clearing System
Anta Sports Products Ltd. sank by the most in almost four months Wednesday after the entry of a sizeable stake in Hong Kong’s clearing system …
Billionaire Cohen Builds Stake in Nordstrom, Urges Board Shakeup
Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as …
LVMH, L’Oréal Among Suitors for Stake in Aesop
LVMH and L’Oréal SA are among the luxury consumer companies weighing offers for a stake in Aesop that may value the high-end cosmetics brand at …
The BoF Podcast: Stella McCartney: ‘Everything Is at Stake’
OXFORDSHIRE, United Kingdom — A lifelong vegetarian who founded her cruelty-free namesake brand in 2001, Stella McCartney has been in the game of ethical fashion …
Report: Natura Works With Bank of America, Morgan Stanley on Stake Sale for Aesop Unit
Cosmetics maker Natura &Co is working with Bank of America Corp. and Morgan Stanley to sell a stake in its Aesop unit, according to people …
China’s Fosun Seeks to Sell Stake in Alibaba’s Logistics Arm Cainiao
Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up …
Bidayat Takes Stake in Egyptian Jewellery Brand Azza Fahmy
Bidayat, a subsidiary of Alsara Investment Group, the investment vehicle founded by Valentino board chairman and Mayhoola chief executive, Rachid Mohamed Rachid, has taken an …
Senator Kirsten Gillibrand on the Issues at Stake During Midterm Elections: ‘These Are Life and Death’
Midterm elections never seem to garner the same kind of attention presidential elections do—in fact, voter turnout is roughly 20% lower. There are a number …
SoftBank Sells THG Stake to Online Retailer’s Founder, Qatar After Share Drop
SoftBank Group Corp. is offloading its stake in struggling British online shopping firm THG to co-founder Matthew Moulding and Qatar Investment Authority, after its shareprice …
Puig Increases Stake in Indian Beauty and Wellness Brand Kama Ayurveda
The Spanish group has increased its stake in the company to a majority share, strengthening its foothold in the fast-growing Indian beauty and personal care …
Richemont Sells 50.7 Percent Stake in Yoox-Net-a-Porter to Farfetch, Symphony Global
E-commerce operator Farfetch and Symphony Global, the investment vehicle of Emirati real estate mogul Mohamed Alabbar, will acquire a 47.5 and 3.2 percent percent stake …
Derris Sells Majority Stake | BoF
PR and marketing agency BerlinRosen recently invested in the New York-based agency, founded in 2013 and known for playing a strategic role in launching and …
Report: End. Clothing Explores Stake Sale, Seeking £700 Million Valuation
The Newcastle-based menswear retailer turned to Goldman Sachs to help it find a new investor, Sky news reports. The retailer is in talks with private …
Hop Lun to Sell Controlling Stake to Platinum Equity
The financial terms of the deal between one of the world’s largest producers of intimate apparel and the private equity firm were not disclosed. Hop …
ByteDance Said to Weigh Sale of Stake in Sneaker Reseller Poizon
ByteDance Ltd. is considering selling a minority stake in Poizon, an online marketplace for sneakers, according to people familiar with the matter. The TikTok owner …
Marion Cotillard Wore Chanel To The ‘Joan Of Arc At The Stake’ Madrid Photocall
Marion Cotillard attended the ‘Joan of Arc at the Stake (Juana de Arco)’ photocall held at The Royal Theatre on Wednesday (June 1) in Madrid, …
Licensing Company Sells Majority Stake in Isaac Mizrahi for $68 Million
Retail holding company Xcel Brands has sold a 70 percent stake in the brand to fellow licensing firm WHP Global, which also owns Anne Klein …
Reliance Brands Takes Majority Stake in Abu Jani Sandeep Khosla
Reliance Brands Limited (RBL) will take a 51 percent stake in the 35-year-old designer brand, beloved of both Bollywood stars and billionaires, for an undisclosed …