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.
The Milanese fashion dynasty that birthed and sold Marni quietly returned to fashion last year with Plan C. The label expects to generate about €5 million in 2019.
Francesco Risso exhumed vintage uniforms and twisted them into new guises. But the show’s presentation pointed to layers deeper and darker than catwalk hijinks.
In Italy, the weight of the history can be unbearable, but Moncler and Gucci found ways to disrupt the past and give birth to the future.
The news comes as more luxury brands turn to rainwear experts to make outerwear that performs.
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.
Francesco Risso’s debut could be taken as a deliberate statement of dissociation from his adored predecessor, but it was obtuse to a fault.
This week, co-artistic directors Alexis Martial and Adrien Caillaudaud have parted ways with Carven, and Balenciaga has appointed Cédric Charbit as chief executive officer.
Angelo Flaccavento asks if the drafting of Francesco Risso from Prada makes sense at a brand as unique as Marni.
BoF brings you the top eight fashion news and analysis stories of the week.
This week, Laura Burdese was appointed as chief executive officer at Acqua di Parma, and Condé Nast promoted Edward Cudahy to chief technology officer.
BoF can exclusively reveal that Marni has appointed Francesco Risso as its new creative director, as founder Consuelo Castiglioni steps down.
Consuelo Castiglioni keeps fine-tuning her idea of a young man who is both pensive and bold, quiet and outspoken.
Despite having no formal training, she launched her prim and playful label with her husband and sold a major stake to OTB Group – before leaving to focus on her private life.
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.