The “significant” amount of capital will be used for product innovation, team expansion, and marketing efforts, and for deepening the brand's relationship with Sephora, its distribution partner since 2018.
The department store operator has announced the postponement of a special meeting of shareholders involving a vote on the proposal to take the company private, raising questions about whether the deal will go ahead.
LVMH, Kering and Hermès were able to cushion the Hong Kong troubles’ impact on their quarterly results, but the city’s stalemate is problematic. FashionNetwork.com looks at how this could benefit Singapore.
Capri Holdings Limited (owner of Michael Kors, Versace and Jimmy Choo) has signed a deal to buy Italian shoemaker Alberto Gozzi, which will initially become the footwear producer for Versace and Jimmy Choo.
The NYC-based fashion brand reported $8.0 million in third-quarter net income on Thursday, as increased sales and improved margins offset the effect of costs related to the company’s recent acquisitions.
Hudson’s Bay CoChairman Richard Baker won the support of proxy advisory firm Glass Lewis for the takeover of the Canadian retailer, just days after a rival adviser recommended stakeholders vote against the plan.
The chief executive officer of the Spanish brand is expecting to see “positive results” this year, and reveals the key elements of his growth strategy: a logistics upgrade, bigger stores and omnichannel.
Emanuel Ungaro has partnered with manufacturer GST, part of the Toma Italian Brands group to expand its menswear segment, still led by Philippe Paubert, and also has new licensees for footwear and leather goods.