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.
Francisco Costa
Amyris to Shut Down Costa Brazil and Onda Beauty
At least 43 employees across both teams in New York will be let go, according to a person familiar with the matter, as the beauty conglomerate struggles to find its footing.
Francisco Costa’s Costa Brazil Acquired by Biotech Company Amyris
The acquisition gives Amyris another consumer brand and Costa Brazil the resources it needs to expand into new markets.
What Happened to New York Fashion?
With more absences on the New York Fashion Week calendar than ever before, BoF looks back at a decade of changes and turmoil in America’s fashion capital.
What Calvin Klein Should Do Next
PVH Corp. made a big bet that it could ‘do a Gucci’ with its flagship brand. But after the failure of its radical Raf Simons experiment, the company may need to rethink its strategy.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
BoF’s Fantasy Fashion Draft Picks
Where should fashion’s cohort of free agent designers land? BoF pairs the industry’s top creative talent with houses in need of a creative jolt.
Givenchy Announces Clare Waight Keller as Artistic Director
Waight Keller succeeds Riccardo Tisci and is the second female designer to take the creative lead at an LVMH couture house.
Raf Simons Starts at Calvin Klein, Marking Strategic Shift
In a bold and widely anticipated move, Raf Simons has been named chief creative officer of Calvin Klein, bringing his signature minimalist aesthetic to the iconic American brand, the company has confirmed.
What You May Have Missed This Week
BoF brings you the top six fashion news and analysis stories of the week.
Lisa Marie Fernandez’s Restrained Swimwear Revolution
Through a strategy of product iteration and timely category expansion, Lisa Marie Fernandez has built an influential swimwear brand, with sales set to double this year.
What You May Have Missed This Week
BoF brings you the top eight fashion news and analysis stories of the week.
Company Snapshot
Having trained with Oscar de la Renta, he revived classic American label Calvin Klein with muted palettes and restrained silhouettes but has since moved to the beauty space with his own skincare line.
The News in Brief
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.