
IKKS’ financial restructuring, revealed last October, is now official. Bondholders now own 100 percent of its capital; the debt has been reduced and an injection of €70 million has been announced.
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IKKS’ financial restructuring, revealed last October, is now official. Bondholders now own 100 percent of its capital; the debt has been reduced and an injection of €70 million has been announced.
Kidiliz has named Antoine Elie as the new managing director of its North American subsidiary, where he will oversee a portfolio of eight brands, including Kenzo Kids, Jean Bourget, Lili Gaufrette and Paul Smith Junior.
The Dutch denim brand and the Kidiliz group (whose brands include Catimini, Absorba and Kenzo Kids) have signed a licence deal for the design, production and distribution of G-Star Raw’s first children’s line.
According to the financial press, the French brand, owned by LBO France since 2015, looks to have reached an agreement with its creditors, in the form of a deal by which they would become the label's new owners.
The Chinese group has bought outright French childrenswear giant Kidiliz (owner of Catimini and Absorba) with the goal of creating the second-largest conglomerate in the industry.
The French and Chinese childrenswear groups are holding “exclusive negotiations” to form the world’s second-largest conglomerate in the sector, worth a combined revenue of €2 billion.
Available in the UK for the last five years through department store chain Debenhams, the Kidiliz group-owned Levi's Kids brand is hoping to boost its visibility in the country with pop-up stores in 100 locations.
French childrenswear group Kidiliz is broadening its international retail footprint, notably in the Middle East, China and South America.
The US fashion label has poached its new GM from another LVMH group label, Kenzo, which Marechalle has led since 2011. He succeeds Sebastian Suhl.
Double-digit growth, concession openings -Kenzo Kids (Kidliz group licence) is expanding, benefitting in particular from the change in creative direction at Kenzo in 2011.