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 designer will leave his post this spring. Chairman Ferruccio Ferragamo is stepping down from the brand’s board to be succeeded by his brother Leonardo.
From Prada to Valentino, Italian brands need the right creative thrust to rebound from the pandemic. Here’s what to watch for at this week’s Milan shows.
Creative director Paul Andrew had Hitchcock on his mood board. The resulting Luca Guadagnino-directed film was overly literal, but thankfully the clothes were not.
BoF tapped industry experts and analysed the market to determine which brands will likely be targeted this year — and which wild-card mergers could pick up steam.
The references on the runway kept pointing to Prada, the Milanese master of twisted chic, reports Angelo Flaccavento.
Amidst the masculine stereotypes, Francesco Risso’s Marni moment best captured the underlying vibe of the week: an inner child run riot in the face of our grim times, reports Angelo Flaccavento.
The concept was stimulating and the execution was excellent, yet Paul Andrew and Guillaume Meilland played it a little too safe.
A tighter edit would have helped, but there were also highlights which underscored an interesting tension between control and abandon.
Sterling Ruby was a standout at the Florentine event: the look was pragmatic but so punchy, so perfectly edited, so fashion forward that you immediately asked yourself how much Raf Simons was involved.
A bit brutal, full of product, and looking backward to move forward: the Versace collection summed up the spirit of the season perfectly, reports Angelo Flaccavento.
'I’m in love with this company and it’s not for sale,' Ferruccio Ferragamo said Saturday.
The show was another hit for Paul Andrew and Guillaume Meilland. A tad too precise at times, but assured.
The youngest designer to win the CFDA/Vogue Fashion Fund is the designer of his namesake brand.
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.