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Brunello Cucinelli Believes Luxury Is Alive and Well, Reporting Nine-month Sales Gain
In the first nine months of the year, his namesake company registered a 12.4 percent increase in revenues.
Weak Asia-Pacific, Wholesale Channel Hurt Ferragamo Nine-month Sales
Standing by creative director Maximilian Davis' aesthetic for the brand, CEO Marco Gobbetti said "it takes…
LVMH Misses Expectations as China Flags
The group saw a "marked deterioration" in sales of fashion and leather goods to Chinese consumers.
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Mytheresa Acquires Yoox Net-a-porter From Richemont
Michael Kliger, CEO of Mytheresa, said the deal will transform the e-commerce platform into a "pre-eminent…
Go Global Buys Hatch to Build on Its Business for Moms
The investment firm already sells childrenswear with Janie and Jack and Brums Milano and is now going after…
As Levi’s Powers Up With Beyoncé, Dockers Faces Potential Sale
Levi Strauss & Co. CEO Michelle Gass is focusing on its main brand, which saw a 5 percent increase in…
EXCLUSIVE: LVMH Inks 10-year Global Partnership With Formula 1
Tag Heuer, Louis Vuitton and Champagne house Moët & Chandon are involved in the deal, estimated at under $100…
Nike Reports Mixed Results for Q1, Postpones Investor Day
The company's chief financial officer said he sees "early wins."
Mulberry Rejects Frasers’ Cash Offer, Pursues Capital Raise and Backs New CEO Andrea Baldo
Mike Ashley's Frasers Group made an 83 million pounds cash offer for Mulberry earlier this week, arguing it…
Mulberry Raises Fresh Funds Amid Losses, Falling Sales in Fiscal 2024
Mulberry swung to a double-digit loss in the fiscal year ended March 30, and plans to start anew with 10.75…
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
LVMH will help Ruffini build a bigger stake in Moncler and get a seat on the brand's board.
H&M Revenue Flat, Profits Sink in Q3 Due to Macro Pressures, Cold Summer Weather
Cost pressures, world events and a slow start to the summer dented sales and profits at the owner of retail…
EXCLUSIVE: Jenni Kayne’s Beauty Brand Oak Essentials Raises Series A Funding
The company plans to focus on building out its internal infrastructure, making new hires and enhancing retail…
Why Nike’s New CEO Elliott Hill Faces a Challenging Turnaround After John Donahoe’s Innovation Deficit
Hill, 60, is a respected Nike veteran, but analysts still have questions.
Ermenegildo Zegna Group H1 Sales Grow, Profitability Hurt
Revenues of the Thom Browne brand in the period were impacted by the streamlining of its wholesale channel…