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.
L Catterton Co-Chief Executive Michael Chu said he expects job growth this month will outpace the rise in May.
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Starwood is selling malls it had acquired from Westfield Corp. including assets in Chicago, San Francisco and Cleveland.
In a little more than two years, Yogasmoga has made a case for itself as Lululemon 2.0. The company shares many attributes with the latest crop of nascent e-commerce darlings: a slick and colour-saturated web store, high-end US manufacturing, and opulent products with price points in the sweet spot between the Gap and Prada.
In a little more than two years, Yogasmoga has made a case for itself as Lululemon 2.0. The company shares many attributes with the latest crop of nascent e-commerce darlings: a slick and colour-saturated web store, high-end US manufacturing, and opulent products with price points in the sweet spot between the Gap and Prada.
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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.