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Report: Michael Kors Close to Buying Versace

24 September 2018 • By Bloomberg

24 September 2018 • By Bloomberg

The deal is said to value Versace at about $2 billion.

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Report: Michael Kors Close to Buying Versace

The deal is said to value Versace at about $2 billion.

News & Analysis

Longchamp to Invest in China to Revive Sales

21 September 2018 • By Reuters

21 September 2018 • By Reuters

By next year, its chief executive said the company aims to outperform growth in the broader luxury industry by increasing its presence in China.

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Longchamp to Invest in China to Revive Sales

By next year, its chief executive said the company aims to outperform growth in the broader luxury industry by increasing its presence in China.

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José Neves Nets $1.2 Billion in Farfetch IPO

21 September 2018 • By Bloomberg

21 September 2018 • By Bloomberg

The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.

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José Neves Nets $1.2 Billion in Farfetch IPO

The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.

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Neiman Marcus Bondholder Says Company May Be in Default

21 September 2018 • By Reuters

21 September 2018 • By Reuters

Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.

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Neiman Marcus Bondholder Says Company May Be in Default

Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.

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Moss Bros Shares Hit Seven-Year Low After Profit Warning

21 September 2018 • By Reuters

21 September 2018 • By Reuters

The British suit retailer warned its full-year operating profit would be materially lower than market expectations.

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Moss Bros Shares Hit Seven-Year Low After Profit Warning

The British suit retailer warned its full-year operating profit would be materially lower than market expectations.

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Gap Might Increase Its Prices Due to Tariffs on Chinese Goods

20 September 2018 • By Bloomberg

20 September 2018 • By Bloomberg

While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.

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Gap Might Increase Its Prices Due to Tariffs on Chinese Goods

While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.

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Under Armour Cuts 400 More Jobs in Turnaround Push

20 September 2018 • By Reuters

20 September 2018 • By Reuters

The sportswear maker will let go of 3 percent of its global workforce to cut costs in its struggle to compete with Nike and Adidas in North America.

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Under Armour Cuts 400 More Jobs in Turnaround Push

The sportswear maker will let go of 3 percent of its global workforce to cut costs in its struggle to compete with Nike and Adidas in North America.

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Inside Fashion's Shadow Economy

20 September 2018 • By New York Times

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Inside Fashion's Shadow Economy

Within a distressed labour market, thousands of low-paid home workers in Italy create luxury garments without contracts or insurance.

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French Connection's Half-Year Loss Narrows

20 September 2018 • By Reuters

20 September 2018 • By Reuters

The group's cost-cutting drive helped reduce losses slightly in the first half of 2018 and put it on track to turn profitable by the end of the year.

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French Connection's Half-Year Loss Narrows

The group's cost-cutting drive helped reduce losses slightly in the first half of 2018 and put it on track to turn profitable by the end of the year.

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Nike's Kaepernick Ad Spurs Spike in Sold Out Items

19 September 2018 • By Reuters

19 September 2018 • By Reuters

Nike has sold out 61 percent more merchandise since the controversial ad campaign featuring former NFL player Colin Kaepernick appeared earlier this month, according to data on the company's online sales from Thomson Reuters.

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Nike's Kaepernick Ad Spurs Spike in Sold Out Items

Nike has sold out 61 percent more merchandise since the controversial ad campaign featuring former NFL player Colin Kaepernick appeared earlier this month, according to data on the company's online sales from Thomson Reuters.