Versace

Capri Holdings revenues fall by 15% to $1bn in Q4

Versace owner Capri Holdings saw its revenues fall by 15.4% to $1bn (£742m) in the fourth quarter ended 29 March.…

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What does the future hold for Versace?

Versace, the Italian luxury brand known for its bold, glamorous aesthetic, has long been synonymous with excess, opulence, and cutting-edge…

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Today’s news in brief-4/3/25

The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies…

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Prada nears €1.5bn Versace takeover deal

Prada is reportedly edging closer to acquiring Versace for €1.5bn (£1.2bn), the FT has reported.  According to sources briefed on…

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Burberry appoints new CMO and president of Americas

Burberry has announced the appointment of Jonathan Kiman as chief marketing officer and Laura Dubin-Wander as president of Americas.  Kiman,…

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Michael Kors eyes further price hikes as UK sales nosedive

Michael Kors may resort to further price hikes after seeing the cost of basic materials rise, at the same time…

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Today’s news in brief

The latest BRC-KPMG Retail Sales Monitor reveals a 4% year-on-year decrease in total UK retail sales for April. Non-food sales…

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The Fragrance Group sees 6.1% rise in LFL sales

The Fragrance Shop has hailed “exceptional” end-of-year results for the 12 months to 1 April 2024 with a 6.1% like-for-like…

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Tapestry acquires Versace owner for $8.5bn

The owner of Coach, Kate Spade and Stuart Weitzman, Tapestry Inc, has announced its acquisition of Capri Holdings, a global…

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Michael Kors appoints new CEO

Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3…

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