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.
SuperOrdinary, which helps brands like Drunk Elephant, The Ordinary and Super Goop enter new markets or platforms, has invested $25 million in Bangkok-based Crea, the companies announced Nov. 17
Parent company Central Retail is one of Thailand’s biggest conglomerates, operating malls in Thailand, Vietnam, Denmark and Italy.
Retail sales growth reached a five-year high in August this year, with the Thai capital expecting to add more retail floor space than any other Southeast Asian city.
The Bangkok-based designers behind Boyy, who grew a cult following for their minimalist aesthetic, are preparing for the next stage of growth, starting with a move to Milan.
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Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Alibaba-backed Lazada is already one of the most popular e-commerce businesses in Thailand.
The shares of Beauty Community are the top-performers globally among cosmetics providers, surging 1,100 percent in the last five years — now the company looks to China for further growth.
With Thailand’s year of mourning almost over, political observers — as well as fashion brands and retailers — are starting to look to the future.
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Fashion companies that don't embrace technology are sitting ducks just waiting to be picked off by sharp-shooting software companies, argues Marc C. Close.
Online sales are up more than 100 percent, as estimates suggest internet retailing could be worth $65 billion by 2020.
With a year-long mourning period and a possibly less-than-smooth transition planned, what does the future hold for Thailand's luxury sector?
Thailand's Central Group is buying the Thai business of fashioned-focused e-commerce site Zalora, as announced by a unit of the group.
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.