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.
chinese-new-year
Coronavirus Casts a Pall Over Chinese New Year
This week, everyone will be talking about the coronavirus outbreak in China, LVMH's fourth-quarter results and the latest beauty brand to expand in the UK. Get your BoF Professional Cheat Sheet.
Why Disney Merch Is Suddenly Big in China
Gucci, Adidas and Uniqlo are all playing it safe this Chinese New Year. Will their cutesy collaborations pay off during one of the biggest moments in the global shopping calendar?
China's Holiday Spending Slows Underlining Tough Start to 2019
Increasingly frugal Chinese consumers are sending chills through global investors, with the pullback in spending hitting the profits of companies such as Apple and Swatch Group.
Chinese New Year Gives the Pig a Luxury Makeover
The Spring Festival celebration gives luxury brands including Gucci and Longchamp a chance to deliver capsule collections and potentially bump revenues after the holiday period.
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How Serious Is Luxury’s China Crisis?
This week, China’s central bank announced a $83 billion injection into the country’s financial system as distress in the world's second-largest economy deepened.
The China Edit | Luxury Retailers' Hope for Chinese New Year, the False Brexit Boom
This week, luxury retailers' optimism for strong sales in the Year of the Rooster and why fewer Chinese tourists visited the United Kingdom after the referendum.
The China Edit | Optimism at LVMH, Lunar New Year Travel, Factories Pause
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Louis Vuitton, Marks and Spencer, E-Commerce, New Year
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
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Ferragamo CEO Sees Higher 2015 Sales After 'Excellent' February
Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an "excellent" performance in February, chief executive Michele Norsa said on Sunday.
The China Edit | London Retail, Prada, Uniqlo, Luxury in Hong Kong
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Lingerie, Changing Tastes, E-Commerce Pricing, Gold
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Luxury Brands Gear Up for Chinese New Year Spend Abroad
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
Luxury Brands Gear Up for Chinese New Year Spend Abroad
From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.
The News in Brief
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
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.
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.