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 increased its marketing investment 18 percent in fiscal 2019 compared to the year prior, investing in tactics straight from the 'hypebeast' playbook.
Carine Roitfeld, Tommy Hilfiger, Alexi Lubomirski, Bella and Gigi Hadid and other leaders from around the world celebrated the #BoF500 during New York Fashion Week.
Despite visa issues, the annual runway show spectacle took place on Monday in Shanghai.
Having booked the prestigious Victoria's Secret Fashion Show after her first casting with the brand, the breakout star now appears in campaigns for Fendi and Michael Kors.
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.