Investing in the right technology can be difficult even in the best of times. The field of available options is vast, it’s easy to be drawn in by shiny new innovations and trying to do it all can be expensive.
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A panel of experts discuss what’s happening in fashion deal-making and what to be on the lookout for.
The market may be cooling, but a number of in-demand brands remain of interest to financial backers. BoF identifies the top targets.
Read MoreThe French and American fashion worlds are coming together to talk sustainability in New York.
The French American Chamber of Commerce in New York will hold a daylong event at Apella on May 4. Neiman Marcus Group chief executive officer Geoffroy van Raemdonck and Gabriela Hearst will be among the more than 20 speakers.
Read MoreScent Beauty, the omnichannel fragrance developer behind celebrity fragrances such as Cher’s and Dolly Parton’s, has closed a Series A funding round.
Read MoreAfter a cataclysmic year, luxury brands are anxiously hedging predictions for a comeback. Online sales, which topped 49 billion USD worldwide in 2020, were at the same time a saving grace and an indicator of what's to come for the sector, one that is grappling with evolving customer demographics and patterns of…
Read MoreAt the beginning of 2020, the luxury industry was at the precipice of a seismic shift. Consumers were increasingly choosing experiences over things, facilitating the rise of the resale and rental markets, and inspiring luxury brands to move further into hospitality. China, which accounted for the lion’s share of growth in the market for personal luxury goods in 2019, had never been more important to the survival of old brands, and the development of new ones. E-commerce was steadily gaining market share and, while tourism remained a significant revenue-driver for luxury brands, growing government regulation was already making local customers more important.
Read MoreHow Sephora and Ulta beauty are faring in the U.S. coming out of COVID-19
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Le 4 juin, le groupe Puig officialisait une prise de participation majoritaire dans la marque de cosmétiques Charlotte Tilbury. Une opération majeure, qui valoriserait la société britannique à plus d’un milliard d’euros et, de fait, le premier "deal" d’une telle envergure pour l’industrie depuis le déclenchement de la pandémie de Covid-19. Pour FashionNetwork.com Elsa Berry, directrice générale de Vendôme Global Partners qui accompagne les opérations de fusions et acquisitions d’acteurs européens et américains du luxe, analyse cet accord et le contexte du M&A.
Read MoreNEW YORK, United States — With valuations shrinking and once fiercely independent brands reconsidering their positions, investors and strategic groups are beginning to plot acquisition strategies that reflect the realities of doing business in the age of Covid-19. But which companies are the best targets, and which categories are the best bets?
Read MoreAnalysts and media speculated last week that the conglomerate has cold feet about buying an American company in the middle of the crisis. In the end, the partnership still makes sense.
Read MoreMay 7, 2020 | By: Cathaleen Chen
Read MoreSo much has changed in fashion. Stores are closed, delivery schedules have been tossed out, most consumers are locked down, cash is at a premium and the global economy is tanking. Share prices of many of the biggest names in fashion and retail are at lows not seen since the Great Recession. While all of that has consumed the industry, it’s also prompted dealmakers to consider the world anew and wonder: What’s possible now?
Read MoreLast week, when Boohoo, a British online fast-fashion retailer, reported stronger-than-expected earnings, it noted it had its eye on struggling rivals. “It is likely many opportunities will arise in the coming weeks and we will take a look at those and make an assessment on whether we can add value,” said Neil Catto, the company’s finance director.
Read MoreNEW YORK, United States — The fashion industry is bracing for a wave of consolidation as brands weakened by the pandemic will likely be snapped up by stronger rivals and private equity firms.
Read More#NoFilter firechat with Darct Penick, President of Bergdorf Goodman
Read MoreLVMH acquisition
Read MoreL Catterton invests in fashion brand Ganni
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