LVMH Acquires Majority Stake in Virgil Abloh’s Off-White Brand

LVMH Acquires Majority Stake in Virgil Abloh's Off-White Brand

Virgil Abloh — the fashion designer, DJ and pundit of pop culture — is about to become the most powerful Black executive at the most powerful luxury goods group in the world.On Tuesday, LVMH announced it was acquiring a 60 percent stake in Off-White, the luxury streetwear brand Mr. Abloh founded in 2013 and which … Read more

Reliance Industries may buy majority stake in home fashion brand Portico

Reliance Industries may buy majority stake in home fashion brand Portico

Representational image&nbsp New Delhi: Mukesh Ambani-owned Reliance Industries may buy a majority stake in home fashion brand Portico, the Economic Times mentioned in a report citing two people with direct knowledge of the matter.  Portico is a fast-emerging brand owned by the Creative Group that manufactures and sells bed and bath products through its … Read more

Ritu Kumar I Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report

Ritu Kumar I Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report

Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report &nbsp | &nbspPhoto Credit:&nbspInstagram Key Highlights Reliance Brands to buy 30% stake of Everstone Capital other than promoter stake in Ritu Kumar Acquisition will give Reliance Brands better footing to take on rival Amazon in the segment Reliance … Read more