Tapestry Misses Quarterly Revenue Expectations
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.
In recent weeks, three different groups of designers and retailers have proposed shifts to the industry’s product delivery and discounting calendars in a bid to create healthier, more profitable businesses. Can they pull it off?
Amidst the masculine stereotypes, Francesco Risso’s Marni moment best captured the underlying vibe of the week: an inner child run riot in the face of our grim times, reports Angelo Flaccavento.
The designer brought a dictatorial edge that seemed particularly appropriate for harder times.
Barrett nailed his first twenty years in business and is feeling the need to expand in different directions. Once the totem of restraint, he is now the guru of the mobile disco.
The designer is so scrupulously controlled that the merest flip of a wig can seem like a radical gesture. His 20th anniversary punk tribute let him cut loose a little.
The designer rose to the challenge he set for himself, an excursion into colour, and brought a gratifying spark of excitement to his latest collection.
The collection was a sharp, sophisticated consolidation of Barrett’s success, but its monochrome severity took its toll and the spectre of repetition reared its head.
Milanese designers referenced Balenciaga, Raf Simons and Gosha Rubchinskiy a bit too much, but Fendi, Marni and Zegna stood out.
There was a sense with his latest collection that the designer was quietly celebrating his evolution.
A new wave of fashion boutiques in far flung cities like Wuhan, Xi’an and Guiyang are creating opportunities for brands in an increasingly competitive Chinese market.
When Neil Barrett's forensic analysis of design hits rather than misses, it does so with such conviction and authenticity that it’s utterly irresistible.
How luxury brands and retailers are tapping the increasingly fashionable skiwear market.
The menswear designer was instrumental in creating Prada's men's line and has since expanded his eponymous label into womenswear.
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.
Warby Parker’s revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector struggle to grow sales. The eyewear seller expects full year sales to climb as much as 13 percent to $761 million in 2024.
New analysis shows that 162,000 tourists from outside the European Union sought refunds on VAT — a sales tax — exclusively in Britain in 2019. One fifth of those tourists are now claiming rebates in other parts of the EU, where the tax break still applies.
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions.
The company is anticipating further sales slumps this year. Its revenue will likely drop as much as 25 percent year over year to $190 million in 2024.
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million.
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January.