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.
Marco De Vincenzo
In Milan, a Season of Simplification
Milan men’s fashion week was ruled by a return to rationality and rigour, writes Angelo Flaccavento.
Marco de Vincenzo’s Plan for Etro
Last year, L Catterton took a 60 percent stake in the Italian label, triggering a shakeup. “I know what Etro should be and it's definitely not boho,” said new designer Marco de Vincenzo ahead of his Milan debut. “That world is over.”
Etro Names Marco De Vincenzo as Creative Director
De Vincenzo’s appointment marks the latest move to revitalise the Italian house after LVMH-backed private equity firm L Catterton acquired a majority stake in the company last year.
In Milan, Over the Rainbow and Back
Marco De Vincenzo, Etro and Sportmax from day three of Milan Fashion Week.
At Pitti, A Shot of Creativity Amidst the Stuff
Sterling Ruby was a standout at the Florentine event: the look was pragmatic but so punchy, so perfectly edited, so fashion forward that you immediately asked yourself how much Raf Simons was involved.
Luxury Defies China Slowdown Fears
From Richemont to Kering, some of the biggest names in luxury reported strong growth in their end-of-year results, with the majority citing the Chinese market as a key driver.
In Milan, Irreverence Everywhere
On day three of Milan Fashion Week, there was no short supply of insouciance and irreverence on the runways.
Is Milan Fashion Week Back?
Once seen as creatively stagnant, Italy’s main fashion week is showing signs of newfound momentum. BoF spoke to a series of global fashion insiders to get their verdict on Milan Fashion Week.
The Lightness of Being Marco De Vincenzo
The designer’s show, noteworthy for its weightless and dreamy takes on Japonism, was a departure from a well-tested formula and De Vincenzo's most accomplished effort so far.
Op-Ed | In Defence of Milan and the Italian New Wave
Federico Poletti speaks up for Milan’s creative kudos.
AltaRoma Wasn’t Built in a Day
Can AltaRoma help redefine the ‘eternal’ city’s role in the Italian fashion system?
Company Snapshot
The designer juggle helming as Etro creative director and head of leather goods for Fendi.
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.