Net sales totalled 1.82 billion dollars for the second quarter at Tapestry inc., an increase of 1 percent on a reported and constant currency basis. Net income for the quarter was 299 million dollars on a reported basis, with earnings per diluted share of 1.08 dollars compared to 255 million dollars […]

The year 2020 started on a good note in terms of sustainability - 19 efforts were announced by brands, retailers and other industry players in the first month of the year alone. It is heartening to see that sustainability plans - and implementing them - are still high on the agenda. Brands and retailers […]

Tapestry reported its net profit for Q2 climbed on Thursday. Compared with the same period last year, revenues grew by 0.8 percent. The company's net profit for Q2 was 299 million dollars, climbed from 255 million dollars a year earlier. Revenues grew to 1,816 million dollars. Formerlly Coach Inc., […]

YKK will be showcasing its commitment to sustainability with its latest collection at Premiere Vision, taking place in Paris from February 11-13. Reducing environmental impact has been one of the guiding principles of YKK since 1994, way before sustainability became an ever-present buzzword and at Premiere […]

Prada will take steps to fight racism and promote diversity under a deal struck with the city government in New York on Wednesday following controversy over its sale of monkey-like keychain figurines. The Italian fashion label was forced to apologize in December 2018 after it sparked an uproar by featuring […]

Michael Kors owner Capri Holdings has warned that the coronavirus outbreak in China, which has already prompted the closure of 150 of its 220 stores in the region, could result in a 100 million dollar hit to its revenue. The company, which owns brands Michael Kors, Versace, and Jimmy Choo, made the […]

Kinnevik’s net asset value (NAV) amounted to 73.3 billion Swedish krona (7.65 billion dollars) or 265 Swedish krona (27.6 dollars) per share, down 1 percent in Q3 and up 31 percent in 2019, which the company said was largely unchanged including dividends paid over the quarter, with positive share price […]

New York – Colette by Colette Hayman, an Australian fast fashion brand specialised in accessories, has announced it has gone into voluntary administration. The CBCH group of companies, which own the brand, were placed into voluntary administration on Friday, as per a note issued by Deloitte on Wednesday. […]

Italian luxury brand Missoni has completed the 100 percent acquisition of T&J Vestor's operative activities. Founded in 1921, T&J Vestor operates in the home furnishings and interior design sector, focused primarily on the Missoni Home brand. Vestor holds a solid international presence with showrooms […]

The company said on Wednesday its Q3 net profit increased. Compared with the same period last year, revenues grew by 9 percent. The company's net profit for Q3 was 209 million dollars, grew from 200 million dollars a year earlier. Furthermore, revenues grew to 1,571 million dollars. Capri Holdings Limited […]

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