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 company became one of the world’s most influential publishers by packaging and selling a vision of a specific type of wealth and privilege, an image that was also baked into the publisher's internal culture. Now, amid resignations and workplace turmoil, current and former employees say that this culture is frustrating the company’s efforts to evolve.
The company became one of the world’s most influential publishers by packaging and selling a vision of a specific type of wealth and privilege, an image that was also baked into the publisher's internal culture. Now, amid resignations and workplace turmoil, current and former employees say that this culture is frustrating the company’s efforts to evolve.
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.