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.
Ulric Jerome
MatchesFashion.com Chief Executive Exits
Ulric Jerome, who joined the company in 2013, has stepped down as chief executive, the company confirmed to BoF.
Why Luxury Retailers Are Making a Play for Housewares
Online retailers like Moda Operandi and MatchesFashion are dipping their toes into the $649 billion homeware space, betting the same customers splurging on dresses and shoes will also buy candles and chairs.
Inside Luxury's Personal Shopping Wars
Net-a-Porter, MatchesFashion and other e-commerce players are courting the 1 percent with private dinners, personal shoppers and couture.
MatchesFashion Growth Driven by International Expansion
The fashion e-commerce site’s 2017 revenues are up 44 percent, spearheaded by sales in the US and a 'luxury rewired' approach to customer experience.
Is Matchesfashion Readying for a Sale?
The luxury fashion retailer, which reported revenue of £204 million in 2016, is seeking advisors to manage a sale, BoF has learned.
News Bites | How the French Buy Luxury Online, Lauren Hutton for Calvin Klein Underwear
In today's News Bites, Matchesfashion.com and the Institut Français de la Mode debunk the myth that the French are digital laggards, while Lauren Hutton models lingerie at 73.
The News in Brief
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.