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.
Philipp Plein is going for it, and some of the industry’s biggest brands have considered accepting Bitcoin, Ethereum and other blockchain-based payments. But the risks might still outweigh the benefits for more established players.
BoF sat down with Oksana Moroz-Hunt, president and founder of Sanahunt, to learn how the largest luxury store in Ukraine is developing its menswear business.
The Tuscan company received three binding offers for taking over the whole group, one binding proposal for just some assets, as well as a non-binding expression of interest.
Security guards ushered employees out of stores on Friday, and the Italian fashion house's US CEO has resigned alongside other senior-level executives. The brand is seeking an agreement with creditors to stay afloat as it searches for an investor.
Security guards ushered employees out of stores on Friday, and the Italian fashion house's US CEO has resigned alongside other senior-level executives. The brand is seeking an agreement with creditors to stay afloat as it searches for an investor.
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
This week, everyone will be talking about how Kering will address its various Gucci-related controversies, London Fashion Week kicking off with yet another Brexit vote and Frieze Los Angeles joining a crowded fashion calendar. Read our BoF Professional Cheat Sheet.
The longtime fashion executive may have optimised Apple’s retail strategy for the wrong things.
The German designer’s over-the-top aesthetic has passionate devotees, but some are starting to say it’s too much.
The sportswear firm has won an injunction to stop fashion designer Philipp Plein from selling clothes in Germany bearing a tiger logo similar to its own leaping cat.
This week, Axel Dreher will succeed Ashish Sensarma as CEO at Wolford, while Zuhair Murad has tapped former Jil Sander CEO Alessandro Cremonesi to helm its ready-to-wear and accessories divisions.
The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.
This week, Mark Breitbard has been appointed as chief executive officer of Banana Republic, and Mac Cosmetic's creative director, James Gager, has left his post to join parent company Estée Lauder.
Plein's shows have become legendary for all the wrong reasons: they are aggressive, loud and unforgivingly late. Moving the spectacle to NYC changed none of that.
Along with his luxe leather and studded hightops, the German designer is known for his extravagant runway shows featuring rollercoasters, robots and cage fights alike.
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.