Today's News
Prada Nearing Deal for Versace and Jimmy Choo Just as the Market Plunges
Prada has been navigating a tricky landscape as it looks to buy the luxury brands from Capri in a deal said to be valued at 1.5 billion euro.
Read MoreDsquared2, Staff International: The Legal Dispute Continues
Dsquared2 stated that the agreement with Staff International was terminated due to "several serious contractual breaches by the licensee," which Staff International denies.
Read MoreNoah Opens 199, an Elevated Retail Experience on Mulberry Street
The small space next to the company's New York flagship will carry high-end men's suits along with art and vintage objects.
Read MoreLuxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs
Citi expects all brands to implement price increases in the U.S. by a single-digit percentage in coming weeks.
Read MoreFrench Fintech Grace Raises 5.9 Million Euros for Its Luxury Good Theft and Loss Coverage Solution
Investors in the company’s seed round include FinTech Collective, Speedinvest, BPI France and Sequoia as well as private investors from the financial and tech spheres.
Read MoreRobert Pattinson’s Got a Brand New Bag in Dior Icons Line Spring Campaign
The British actor touts the new Dior Normandie and Dior Privé bags in the ads shot by Alasdair McLellan.
Read MoreTraceability Platform Fairly Made Closes 15 Million Euro Funding Round
The French sustainability scoring start-up works with Ganni, Patou and Versace, among other brands, and has global ambitions.
Read MoreWhy Time Ran Out for Forever 21 in the U.S.
The liquidation of the 350-unit Forever 21 chain in the U.S. should wrap up soon, putting hundreds of leases on the market, many with few years remaining and posing low-risk opportunities for expansion-minded retailers.
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