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 retailer, facing growing pains of its own, is launching a new 'Innovators Programme' to bolster the fledgling labels that help set it apart from competitors in a crowded luxury e-commerce market.
From Zoom styling consultations to digital VIP dinners, here’s how luxury retailers are continuing to woo the wealthy.
With 7,000 former FARC rebels trying to find their way back into civil society, Colombia’s $8 billion fashion industry has a unique role to play in the reconciliation of the country after 50-years of conflict. BoF investigates.
The One Percent no longer wants to dress like ladies who lunch, leaving the brands who make their clothes facing an identity crisis.
The luxury e-tailer will support young labels with marketing and product strategy while developing a design and manufacturing network.
Latin Curated, which counts Marie Claire’s Nina Garcia as an ambassador, will provide a platform and guidance for luxury brands looking to break into the international market.
The fashion market in Latin America is bigger than the Middle East and growing as fast as Asia. But will industry leaders continue to invest as much as the region needs to realise its full potential?
With a foundation in straight-off-the-runway trunk show sales, the retailer is eyeing a global network of luxury showrooms and new categories such as fine jewellery, which has grown 190 percent year-on-year.
The Colombian designer’s signature ruffles and off-the-shoulder silhouettes have captured the spirit of Latin America — and the attention of the industry and red carpet watchers.
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.