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.
This week, everyone will be talking about back-to-school shopping in the age of virtual learning, financial results from Capri and Ralph Lauren and uncertainty about US economic stimulus. Get your BoF Professional Cheat Sheet.
China’s childrenswear market is outperforming both womenswear and menswear, and Dior, Gucci, Burberry and Fendi all want a slice of the $29 billion pie.
Debenhams will remain the fashion brand's license partner for lingerie and nightwear.
The baby products and maternity wear company has been losing money for more than a decade.
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Matching mother-daughter dressing may tread the line between cute and tacky, but it is a trend that luxury brands like Gucci and Dolce & Gabbana are banking on as women look to dress their children in miniature runway pieces.
The Neiman Marcus-owned e-tailer is kicking off children’s clothing sales with 35 brands, including capsule collections from Gucci and Dolce & Gabbana.
The vertical will live on through Facebook, Twitter and Instagram, where it has 95,800 followers.
Maisonette will put its Series A funding round towards building out its team, investing in technology and launch content.
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The German retail chain is launching an online baby and children's clothing rental service to tap demand for the sharing economy model.
Brands are cashing in on millennial parents whose Gucci- and Yeezy-clad toddlers are generating thousands of likes on Instagram.
The childrenswear retailer warned last month it is running short on cash and may not survive if it can’t persuade creditors to refinance its debt.
BoF can exclusively reveal that the Swedish fast-fashion giant is launching a new brand rooted in "style beyond trend."
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.