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.
Brand builder and investor Janet Gurwitch shares advice on choosing the right channel and the power of packaging.
This week, Belstaff names Helen Wright as its new chief executive and Robin Hutson as non-executive Chairman, while Stephen Gan leaves Harper's Bazaar for Elle.
Geoffroy van Raemdonck, who becomes chief executive officer next month, is taking over a retailer facing heavy losses, an industrywide traffic slowdown and nearly $5 billion in debt.
The Ralph Lauren executive replaces Karen Katz, chief executive of the luxury department store group for the last seven years.
The figure includes a 14 percent increase in online sales, which now account for about one-third of total sales.
The high-tech 24-hour store in partnership with Marie Claire and Mastercard looks to solve some of the retail industry’s woes.
The decline of the debt-laden American toy store chain does not bode well for the luxury department store giant.
The upscale retailer said it had terminated any talks regarding a partial or full sale of the company, nearly three months after embarking on a plan seeking strategic alternatives.
In today's News Bites, the Neiman Marcus Group names Dale Stapleton as its new interim chief financial officer, while Amazon appoints Christine Beauchamp president of its fast-growing fashion division.
In today's News Bites, the Neiman Marcus Group names Dale Stapleton as its new interim chief financial officer, while Amazon appoints Christine Beauchamp president of its fast-growing fashion division.
The Dallas-based retailer restructured its considerable debt to appeal to buyers after yet another disappointing quarter.
Neiman Marcus is taking a new approach to getting customers in the door: devoting part of its floor space to e-commerce startup Rent the Runway.
US luxury fashion retailer Neiman Marcus Group Ltd reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending.
Under her leadership, the Neiman Marcus grew its digital presence and acquired German e-tailer MyTheresa.
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.