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.
The made-in-Africa fashion brand, founded in 2004 by Ali Hewson and Bono, is ceasing its current operations, BoF has learned.
Brands like Lemlem have proven that scaling in some corners of the continent is possible. But is it sustainable?
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
"Losses continued to mount last year at the ethical clothing company founded by Bono and his wife, Ali Hewson."
"Edun, the label founded by Ali Hewson and hubby Bono in 2005, announced that their creative director of six seasons Sharon Wauchoub is leaving the
Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
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.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.