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.
Alexandra Shulman's departure from British Vogue comes after new appointments at several international editions of the magazine, presenting a unique opportunity for Condé Nast to reboot the brand for today’s media reality.
Nicholas Coleridge has announced that he will step down as president of Condé Nast International and managing director of Condé Nast Britain, while Lisa Pomerantz is to return to Bottega Veneta after six years at Michael Kors.
Nicholas Coleridge has announced that he will step down as president of Condé Nast International and managing director of Condé Nast Britain, while Lisa Pomerantz is to return to Bottega Veneta after six years at Michael Kors.
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.