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.
Amber Valletta
The BoF Podcast: Amber Valletta Says, ‘I Don’t Want to Work in an Industry That Is the Same as Before’
The supermodel, actress and environmental activist talks to BoF Editor-at-Large Tim Blanks about why the fashion industry cannot return to ‘business as normal.’
Can Fashion’s New Activists Make Sustainability Sexy?
Fashion’s activists and advocates are looking for ways to make sustainability as compelling as an ad for a new bag.
Amber Valletta: 'Use Your Beauty and Your Brains'
The supermodel and actress joined BoF editor-at-large Tim Blanks for a candid conversation at VOICES, BoF’s new annual gathering for big thinkers.
Inside VOICES, BoF’s First Gathering for Big Thinkers
From terrorism to disruptive technology, fashion’s top business leaders, entrepreneurs and educators gathered to discuss the threats and opportunities facing the $2.4 trillion industry.
James Scully on Fashion's Bullying, Cruelty and Discrimination of Models
Casting director James Scully was given a standing ovation at VOICES, BoF's new annual gathering for big thinkers, following his plea to end the fashion industry's "cruel and sadistic" abuse of models.
John Galliano, Mario Testino, Amber Valletta and Joan Smalls to Speak at VOICES
The Business of Fashion is pleased to reveal the latest wave of speakers at VOICES, BoF’s new annual gathering for big thinkers.
Company Snapshot
Valletta graced the cover of American Vogue 13 times before leaving the industry to successfully battle addiction. Since then, she has returned in full force.
The News in Brief
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
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.
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.
Brands Owed Millions After Matchesfashion Collapse
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
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.