The Daily Digest

  1. Selling Ethical Fashion to the Whole Foods Set

    “The startups, including San Francisco-based Web stores Cuyana and Everlane, are charting a middle course …More

  2. Nike Fires Majority of FuelBand Team, Will Stop Making Wearable Hardware

    “Nike is gearing up to shutter its wearable-hardware efforts, and the sportswear company this week fired the …More

  3. Fashion Wars: NBA Playoffs Are a Whole New Season, Starting with Players’ Styles

    “Now, being different is the norm in the world of NBA fashion, and there’s no bigger red carpet for …More

  4. At Coachella, It’s a Guy Thing

    “Now, men, who once headbanged their way through concerts in cargo shorts and beer-stained T-shirts, are …More

  5. Willy Vanderperre: The Outsider

    “The cult Belgian photographer on his exclusive 50-page portfolio for Dazed, how he met Raf and why ‘emotion …More

Sources Say Roberto Cavalli Nearing €450 Million Sale to Permira

Roberto Cavalli Autumn/Winter 2014 | Source: Cavalli

LONDON, United Kingdom — Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.

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Another Profit Warning From Mulberry; Shares Tumble Again

Mulberry Spring/Summer 2014 Campaign | Source: Mulberry

LONDON, United Kingdom — Mulberry Group Plc, the U.K. luxury bag maker that recently parted company with its chief executive officer, reined back profit estimates for the second time in less than three months and said a plan to boost sales with more affordable new products will weigh on earnings.

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