Following the invitation-only celebration, “The Art of Craftsmanship” was opened to the public for two days. Master artisans were tasked with reinterpreting Tod’s classic pebble-sole Gommino loafer, and the brand, for the exhibition. Photo: Tod’s At the entrance, an oversized spool conceived by artist Federica Marangoni gave guests a hint of things to come; around … Read more
Cinema owners, studios and indie distributors gathering in Las Vegas this week for exhibition’s biggest confab seek visibility into a theatrical landscape gut-punched by Hollywood strikes last year just as a post-Covid recovery was revving up. Production halted for months led to fewer releases on the schedule. But there’s reason for optimism, from Dune 2 … Read more
A supersized Howl’s Moving Castle-inspired handbag, a digital landscape of Ibiza decorated with Picasso ceramics, and a recreation of a leather atelier are among some of the eclectic and playful themes displayed at Loewe‘s craft-focused exhibition titled “Crafted World,” which was unveiled on Thursday at the Shanghai Exhibition Centre. The entrance to the exhibition at … Read more
National CineMedia, which exited Chapter 11 bankruptcy last summer, drew cheers from investors Monday after an encouraging fourth-quarter earnings report. Shares in the company shot up 17% in after-market trading on the quarterly numbers, which featured a small but notable uptick in national advertising during the quarter. The dual strikes of 2023 have hampered exhibition … Read more
Taylor Swift’s Eras Tour concert-doc blockbuster drove a 50-cent increase in average ticket prices at Cinemark locations in the fourth quarter, a top exec at the movie theater circuit said. Speaking to Wall Street analysts during the company’s quarterly earnings call Friday, CFO Melissa Thomas said that in addition to being able to charge more … Read more
Ciara in Dundas. Janelle Monáe in Area. Sabrina Carpenter in Paco Rabanne. Ellie Goulding in Zuhair Murad. Florence Pugh in Valentino, and at least half a dozen times at that. The list goes on. For all the talk about 2023 being the year of the sheer dress — a trend going strong into 2024 if … Read more
Movie theater circuit Cinemark‘s credit rating has been raised by S&P Global, a small sign of optimism that exhibitors can weather the impact of Hollywood strikes and pandemic-altered moviegoing habits. The agency said it raised its ratings on the Plano, TX-based company’s secured and unsecured debt to ‘BB+’ and ‘BB-‘, respectively, from ‘BB’ and ‘B+. … Read more
AMC Entertainment stock fell 2% today and dropped 15% this week to establish a new all-time, split-adjusted low of $5.17. It is a notable turnaround after the unlikely boost delivered in 2020 by meme-happy individual investors who built positions even as movie theaters were shuttered by Covid. Some shareholders have more recently become restless about … Read more
Eric Wold, an analyst with B. Riley who has stayed bullish on the movie theater business despite its recent trials, is now warning investors that the arrival of a “down box office year” has made him “increasingly cautious.” In a note to clients about his 2024 outlook, Wold wrote that he expects the stock performance … Read more
Thomas Abraham In Delhi it’s that time of year again when publishers, distributors and retailers are scrambling around frantically getting everything from point-of-sale to stocks right. It’s the World Book fair (WBF), which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair’s 20th edition, and although … Read more
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