MILAN — Permira is planting yet another flag in fashionland. Permira Growth Opportunities II, a fund managed by the global investment firm, said Friday it has reached an agreement to buy a 40 percent stake in French premium outerwear brand K-Way from BasicNet, led by the Boglione family. BasicNet will hold the remaining 60 percent … Read more
As the last stop during fashion month, Paris is always the best place to gauge the direction in which fashion is headed, and for spring 2025, those in the French capital swung back toward what has historically been their strong suit: opulence. From Bergdorf Goodman’s Linda Fargo to Jessica Crawley at the Al Tayer Group, … Read more
The North Face is once again teaming up with Japanese fashion label Comme des Garçons on an exclusive collection that blends outdoor functionality with classic design. This collaboration “is a celebration of exploration and expression, bringing together the best of both brands to create a line with a focus on high-performance materials and sophisticated design,” … Read more
Phyllis Pressman, who was part of the family that revolutionized retail by making Barneys New York as much a happening as a place of commerce, died on April 16 at the age of 95. Pressman was under hospice care at her home in Palm Beach, Fla., at the time of her death, according to her … Read more
Price increases on high-end handbags have become public fodder that rivals the latest celebrity divorce scandal. PurseBop, an online forum for luxury collectors, has been publishing like-for-like data on bag prices for 11 years, but those articles have seen a “huge surge in readership lately,” said founder Monika Arora. “Everyone wants to know what they’re … Read more
HIGHER LOVE: Fashion and retail maverick Rei Kawakubo — whose mindset for her latest Comme des Garçons fashion show was “anger against everything in the world, especially against myself” — is not the sort to talk about luxury, brand elevation or leather goods merchandising. And yet, later this week, the Comme des Garçons flagship store … Read more
