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.
Following rumours last week, LVMH has agreed to sell Donna Karan International Inc. to G-III Apparel Group Ltd. for an enterprise value of $650 million.
Donna Karan International announced late Tuesday that the brand's founder is stepping down from her post as chief designer.
NEW YORK, United States — With a little tear and a victory walk down the runway, Donna Karan marked her company's 30th anniversary Monday night with
"The resort shows, which won't end until Christmas, are a complete distraction. Nobody can really decide if resort should be a nice reworking of a
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Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
NEW YORK, United States — To tweet, or not to tweet. That has been the question on many fashion business minds over the past year. Not every brand
Asian-Americans Climb Fashion Industry Ladder (NY Times) "It was the first time that all three prizes given by the [CFDA] were awarded to designers
Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) "Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his
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LONDON, United Kingdom - For many of fashion's iconic characters, from Vogue 's Anna Wintour to the prolific designer Karl Lagerfeld, who designs for
Marks & Spencer to Cut 1,230 Jobs ( WWD) Marks & Spencer's chairman expects its "gross profit margin to be 1.75 percentage points lower than the
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.