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.
Jonny Johansson
At Paris Fashion Week, Real Life and Liberation
Reality was front and centre at Paris Fashion Week, but this season’s winners both addressed and transcended our current state of affairs, reports Angelo Flaccavento, who beamed into Paris from his base in Italy.
In Paris, Concept Versus Design
Dunhill, Ludovic de Saint Sernin and Acne Studios employed concept with varying degrees of success.
Acne’s School Ties
This was one of Acne's freshest collections in recent memory: a bit messy in the styling at some points but nonetheless focused and filled with meaningful, if not properly commercial, pieces.
A New Formality and Its Opposite
Fumito Ganryu twisted fashion’s new formality in a progressive direction, while Acne Studios mounted a counter-current and Ami stuck to bourgeois nonchalance, reports Angelo Flaccavento.
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.
Acne Studios Takes Minority Investment
IDG Capital and Hong Kong-based I.T Group have acquired stakes of 30.1 percent and 10.9 percent of the company.
The Dancers of Acne Studios
Jonny Johansson showed his obsession with dancers, which he translated into a performance in four acts: rehearsal, onstage, offstage and night.
The Morphing of Garments at Acne Studios
The brand's first proper men's catwalk show was a smashing line up of straightforward pieces, but expressed with a simpler concept it would have worked even better.
How Denim Brands Can Stay Cool
The jeans of the moment have an inherently limited lifespan linked to the zeitgeist. But the shrewdest labels are able to maintain relevance and keep revenue coming in when the moment passes.
Decoding Richemont's Lancel Divestment
What does the potential sale of Lancel say about the Swiss conglomerate’s fashion strategy?
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
Acne Studios Heads to the Country
Contrary to previous collections, that often looked like crazy styling exercises and little else, this season Acne had focus and substance.
Company Snapshot
Starting with a range of 100 pairs of unisex denim, he and his partners created a Swedish cult lifestyle brand that has expanded globally.
The News in Brief
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.
EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.