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.
This week, an unlikely alliance of fashion giants including Chanel, Hermès, Inditex and H&M agreed to a new set of climate commitments, but the industry is unlikely to overcome its sustainability challenge through self-policing alone.
This week, an unlikely alliance of fashion giants including Chanel, Hermès, Inditex and H&M agreed to a new set of climate commitments, but the industry is unlikely to overcome its sustainability challenge through self-policing alone.
This week, Nicolas Hieronimus takes the helm at L’Oréal, while Macy’s appoints a Boston Consulting Group partner as Chief Financial Officer.
This week, Gay Times magazine names its youngest chief executive to date, while Jean-André Rougeot is appointed chief executive of Sephora Americas.
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
In less than a decade, the investment vehicle backed by the Qatari royal family has built an impressive stable of luxury brands that now includes Valentino and Balmain. Could it become a rival to LVMH and Kering, or will political unrest hold back its ascent?
With its annual fashion show extravaganza, Victoria’s Secret has devised a powerful formula for uniting content and commerce. But its image is increasingly out of sync with consumers in the world's largest markets.
This week, Valentino taps Marc Jacobs CEO Sebastian Suhl for the role of managing director of global markets, while Michael Kors names Francesca Leoni as chief brand officer.
Both Coach Inc. and Michael Kors have signalled their ambitions to build a homegrown version of the European luxury conglomerate. Can they succeed where others have failed?
As incoming chief executive Eric Marechalle takes control of the troubled LVMH-owned brand, it's unclear how involved Mr Marc Jacobs will be in the company's turnaround strategy.
Marc Jacobs, Burberry, Dolce & Gabbana and others have cleaned up their brand architecture, unifying multiple sub-labels under a single name — with uncertain results.
PARIS, France — Two days after Pierre-Yves Roussel sat down for a lengthy interview at the LVMH headquarters in Paris, his assistant telephones to
BoF compiles the most important professional moves of the week.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Previously chief executive of Givenchy, he was entrusted with guiding Marc Jacobs International through its IPO.
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.