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.
Selfridges has attracted a bid from a potential buyer at a $5.7 billion valuation, the latest indication that the department store’s big bet on physical retail is paying off. But after a bruising pandemic year, the British chain could struggle to rebound amid a continued collapse in international tourism and a shift to online sales.
Selfridges has attracted a bid from a potential buyer at a $5.7 billion valuation, the latest indication that the department store’s big bet on physical retail is paying off. But after a bruising pandemic year, the British chain could struggle to rebound amid a continued collapse in international tourism and a shift to online sales.
Despite rising Covid-19 cases, smaller labels in the British capital are betting that in-person shows and appointments will help to deliver much-needed orders from wholesale buyers.
In recent weeks, three different groups of designers and retailers have proposed shifts to the industry’s product delivery and discounting calendars in a bid to create healthier, more profitable businesses. Can they pull it off?
The streetwear media authority will link with Colette and Selfridges for its first brick-and-mortar launch.
The resale platform's segue into physical retail will help boost brand awareness, while the department store will be dipping a toe into the fast-growing $25 billion luxury resale market.
The London-based designer put his label on ice just as it was gaining speed. Now he’s back for the long haul, with a new business model and penchant for wellness.
The surprise return of one of fashion’s most polarising yet commercially successful designers could double revenues at the LVMH-owned house. But will it alienate Céline loyalists?
How Michèle Lamy fused boxing, art and fashion for a knockout intervention at London’s Selfridges.
The designer describes his new, entirely self-funded line as “a better version of me.”
Chitose Abe’s 18-year-old brand is expanding into accessories with the help of ‘handbag genius’ Katie Hillier.
The veteran buyer spearheaded innovation at Selfridges with initiatives targeted at the Millennial generation.
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.