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.
With a new team in place, the Dallas-based retailer plans to woo young, local consumers to its Hudson Yards store by mixing luxury standbys with unexpected labels, home goods and vintage. But can it make it in Manhattan, where the competition is both fierce and familiar?
With a new team in place, the Dallas-based retailer plans to woo young, local consumers to its Hudson Yards store by mixing luxury standbys with unexpected labels, home goods and vintage. But can it make it in Manhattan, where the competition is both fierce and familiar?
This week, everyone will be talking about Dior and Valentino's pre-fall shows in Tokyo, Dolce & Gabbana's worsening crisis and the state of New York Fashion Week's off-calendar experiment. Read our BoF Professional Cheat Sheet.
Sales of handbags, shoes and other accessories are growing but emerging brands are struggling to break through without backing. BoF identifies the top 10 M&A targets in the space.
Having departed to Paris Couture Week three seasons ago, the brands rejoin New York royalty including Marc Jacobs, Tory Burch and Ralph Lauren.
Many New York designers are so frustrated with the state of America's fashion system that they want to break away entirely, writes Lauren Sherman.
The American fashion industry’s annual awards ceremony aimed to strike a balance between honouring industry stalwarts and recognising the disruptors paving a new way forward in tough times.
There was a lot riding on this collection — both critically and commercially — and the designer has his work cut out for him on both fronts.
Designers from Calvin Klein to Jil Sander have sold their names along with their companies. What is the smartest way to structure such deals?
The annual ceremony will take place at the Brooklyn Museum on June 4.
The designer was untinged by a dark eroticism that made his work so striking in early days, but the pure emotional economy of the collection served him well.
Mugler has tapped Casey Cadwallader to creatively lead the house as artistic director, while Kering has appointed Grégory Boutté to the newly created role of chief client and digital officer.
Mugler has tapped Casey Cadwallader to creatively lead the house as artistic director, while Kering has appointed Grégory Boutté to the newly created role of chief client and digital officer.
The American dressmaker favours simple, clean lines and sheath shapes, and has dressed Michelle Obama and Hollywood actresses.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
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.
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.