Capri Holdings faced some challenges in Q2 but the company is upbeat about the prospects for its trio of power brands as Versace gains traction, Michael Kors returns to positive comparable sales and Jimmy Choo expands.
Designer duo Arnaud Vaillant and Sébastien Meyer have created ‘Coperni Arcade’, an interactive game on Instagram for fans of the French label, featuring items and models from the Fall/Winter 2019-20 collection.
Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.
Wearable device maker Fitbit Inc reported its first drop in revenue in five quarters on Wednesday as it faced intense competition from deeper-pocket companies such as Apple Inc and Samsung Electronics Co.
Tod’s posted a fall in nine-month revenues and said it would be “challenging” to meet full year profit forecasts as it steps up investments to bolster sales hit by a weak domestic market and turmoil in Hong Kong.
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an 'incorrectly labeled' T-shirt hurt sales of its Versace brand.
The New York-based luxury apparel and accessories company announced on Tuesday that it has acquired contemporary womenswear brands Rebecca Taylor and Parker for a total cash consideration of $19.7 million.