Starboard slashes stake in Kohl’s after seeking to buy it in January By Reuters Activist hedge fund Starboard Value, which had offered to buy Kohl’s Corp for roughly $9 billion early this year, slashed its stake in the department store by…
KKR to buy up to $44 billion of PayPal’s buy now, pay later loans in Europe By Reuters PrivateKKR Reuters Even though BNPL remains popular after the pandemic-led surge in its use among millennials and Gen Z customers, the sector’s…
Delectable collaborations straddling fashion and patisserie Translated by Nicola Mira When French patisserie chefs draw their inspiration from fashion labels, the result is an array of delectable hybrid treats, from FendiCoperniLouis Vuitton Louis Vuitton X Maxime Frédéric Louis Vuitton X…
It can be difficult to let go of pretty little things that once made your heart flutter: the sparkly sheath you wore on NYE ’12, which soon felt the wrath of champagne overfloweth and a rambunctious dance floor; worn-down denim…
Cat Footwear updates ‘Generations’ campaign with new young ‘grafters’ Celebrating a history of heritage workwear, Cat Luxury sustainable handbag designer Louie Akinwale The campaign evolves by exploring new fields and crafts spotlighting five individuals from make-up artists, upholsterers to potters…
Asics names new North America head Japanese sportswear brand Asics Asics Kodama joined the Kobe-based company in 2016, before transitioning to the role of president of North America in 2019, a role he took on until December 2020. In 2021, he…
Pronovias reports losses of €326 million prior to change in ownership Translated by Roberta HERRERA The PronoviasBain Capital One of Pronovias’ stores – Pronovias According to the financial newspaper Cinco Días, based on the financial statement filed with the Commercial…
Fashion Week hits Kenya’s biggest urban slum By AFP Towering models parade down a three-metre (10-foot) high catwalk overlooking the rusting tin roofs of Kibera, the Kenyan capital’s biggest urban slum. It’s the second edition of Kibera Fashion Week in…
Birkenstock gears up for roadshow in next test for IPO market By Bloomberg Birkenstock Bloomberg The German footwear maker plans to start taking investor orders early next week, the people said, asking not to be identified because the information is…
ShowroomPrivé grows revenue by 4.6% in first nine months of 2023 Translated by Nicola Mira The ShowroomPrivé group has reported that in Q3 it recorded a 9.6% rise in sales volume, and a 6.2% increase in revenue. In the first…
