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.
Once the first word on fashion, the Manhattan-based department store chain has long used the power of its cool factor to ride through its financial turmoil. But following a 72 percent spike in rent for its Madison Avenue flagship, cool may not be enough.
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
How chief executive Neal J. Fox took a 165-year-old leather goods brand and turned it into a 21st century street style favourite by not being afraid to pivot — or take a gamble.
The newly installed chief executive talks exclusively to BoF about the power of data, the lease on the store's Madison Avenue location and why you won’t see the retailer ramping up on off-price.
Traditional fashion weeks are unlikely to disappear, but their reason for being seems very much in flux.
In a long-expected succession plan, chief executive Mark Lee has been named executive chairman, reporting to Richard Perry.
America’s luxury department stores are betting big on the buoyancy of the New York market. But is there space for everyone?
The BoF community gathered in New York to hear forward thinkers inside and outside fashion discuss the challenges — and opportunities — facing the industry.
The co-president of fashion PR powerhouse KCD talks exclusively to BoF about public relations in the digital age and the firm’s new entertainment and tech division.
Days before Barneys New York’s much-anticipated return to downtown Manhattan, chief executive Mark Lee and chief operating officer Daniella Vitale talk to BoF about the company’s journey from the brink of bankruptcy to record sales — and what's next.
Changing consumer sentiment and over distribution of product has hit the department store model hard in the challenging US market. Can executives win back the magic through a series of ambitious new year initiatives?
In his much-anticipated debut for Maison Margiela, John Galliano presented a captivating, wonderland-like homage to artisanal skills, which suffered from a sense of déjà vu, but proved the designer’s creativity was still in one piece.
The former Gucci CEO is credited with transforming Barneys during his tenure by refreshing the team and closing unprofitable stores.
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.