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.
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
This week, Li & Fung fills the newly created role of chief digital officer, while Clarins names its new president.
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
The global trading and sourcing group is selling off its sweater, furniture and beauty product verticals in order to further simplify its business.
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China’s colossal manufacturing sector faces higher costs at home, cheaper competition abroad and a global economic slowdown. But business is booming for those who can adapt.
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.
Africa’s integration into the global apparel industry is a question of when, not if, says Marc Compagnon of Li & Fung.
Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.
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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.
HONG KONG — Global Brands Group Holding Ltd., a brands management unit spun off from Li & Fung Ltd., begins trading in Hong Kong today.
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.
HANOI, Vietnam — Li & Fung Ltd., the world's biggest provider of clothes and toys to retailers, said production at most of its suppliers' factories
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.