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.
'Production is very far away from productivity,' said the founder of the world’s most sustainable large-scale denim producer.
Just because consumers love the brand doesn't mean they want to buy the clothes.
The preppy American brand is unlikely to be the last retailer to seek bankruptcy protection in the wake of the Covid-19 crisis.
A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.
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As the global economy faces a pandemic that respects no borders, smart fashion businesses are re-examining China’s place in their supply chain. Six sourcing experts weigh in on the debate.
The struggling retailer is relying on the deal to offset outstanding debts of almost $1.7 billion.
The IPO could garner a substantial valuation and help pay down a meaningful portion of J. Crew Group Inc.'s over $1.7 billion debt.
Madewell's initial offering will reportedly take place sometime after the US Labour Day holiday in September.
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A proposed spinoff of Madewell could turn J. Crew Group into an example of what can go right for creditors of struggling retailers, instead of an epithet for everything that could go wrong.
This week, Vanity Fair France names Camille Bidault-Waddington as fashion director, while Browns announces several appointments within its buying department.
While sister line J.Crew and rival retailer Gap shuttered dozens of locations, the millennial-centric apparel brand opened four new stores this year.
As the brand’s losses widen and margins shrink, a search for a new CEO continues.
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.