On September 7, Artémis, the holding company of French billionaire and businessman François Pinault, agreed to purchase a majority stake in Creative Artists Agency, a major Hollywood talent agency, from private equity firm TPG.
Business
During this New York Fashion Week, more brands than ever before will hold events and pop-ups simultaneously. Most of the events are open to the public, and admission is free, allowing visitors to experience the world of the brands and their new collections firsthand.
Generative AI technologies have the potential to transform a wide variety of customer touchpoints, including e-commerce sites, targeted advertising, and the customer experience in physical stores.
Fashionphile, a leading luxury bag resale platform, has announced that it has recently earned B Corp Certification (B Corp).
On August 29, E.l.f. Beauty announced that it has entered into a definitive agreement to acquire Naturium for $355 million in cash and stock.
On the 10th of this month, Tapestry, Inc., owner of brands such as Coach, Kate Spade, and Stuart Weitzman, made headlines when it announced that it would acquire Capri Holdings, owner of fashion brands such as Michael Kors, Versace, and Jimmy Choo, for approximately $8.5 billion.
On August 24, Shein, the E-commerce giant known for ultralow prices, announced a partnership with the SPARC Group, the US parent company of Forever 21.
The popularity of SKIMS, the apparel brand co-founded by Kim Kardashian, continues unabated. In just four years since its founding, the brand has quadrupled its valuation to become a unicorn company.
This fall, UNIQLO will debut a new women’s line, UNIQLO: C.
Peter Do, a brand synonymous with quiet luxury will collaborate with Banana Republic to launch an exclusive capsule collection in October.