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.
Alexandre Herchcovitch
Luxury Market Anticipates Impact from the 'Trump of the Tropics'
Worried about his socially conservative agenda but desperate for his promise to usher in economic reform, industry leaders feel torn as the far-right military man Jair Bolsonaro becomes president of Brazil.
São Paulo Fashion Week’s Bold Pivot To ‘See Now, Buy Now’
This cycle, Brazil’s leading fashion week was a seasonless showcase, encouraging designers to embrace fashion immediacy. BoF investigates.
Prince of prints, Brazil fashion rising, Embracing Africa, 3D photo booth, Emblematic Vuitton
Why Peter Dundas is Pucci's prince of prints (The National) "The last thing you expect Peter Dundas to be is the fashion guy. From his sheer physical
Company Snapshot
He captivated Brazil's rebellious youths with his skull motifs, before leaving his brand to design for one of Latin America's largest footwear companies.
The News in Brief
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.