Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
A part of the Lane Crawford Joyce Group, MyMM is fusing mobile commerce and social media in a unique retail strategy that is set to make waves in the Chinese fashion market.
BoF compiles the most important professional moves of the week.
BoF asked women leaders from across the fashion industry for their advice on how to overcome three key hurdles between high potential women and top jobs.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The former chief executive of luxury distribution group ImagineX was pivotal in introducing brands like Marc Jacobs, Gucci and Prada to the Chinese market.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.