By Bloomberg Published Apr 29, 2024 A judge set Sept. 9 as the start date for the court hearing on the US Federal Trade Commission’s bid to block Tapestry Inc.’s attempted takeover of rival Capri Holding Ltd. Michael Kors The preliminary injunction hearing will likely last a week and a half, the judge said. If … Read more
Translated by Nicola Mira Published Apr 25, 2024 In Q1 2024, French licensed perfume specialist Interparfums (whose portfolio includes the fragrances by Montblanc, Jimmy Choo, Coach and Lacoste) recorded a revenue of €212.7 million, compared to €214.6 million a year earlier. This was equivalent to a 1% downturn at current exchange rates, and was on … Read more
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, late on Monday both companies issued statements defending their plans. See catwalkVersace – Spring-Summer2024 – Womenswear – Italie – Milan – © Launchmetrics Tapestry, which owns Coach, Kate Spade and Stuart Weitzman, said: “There is no … Read more
By Bloomberg Published Apr 17, 2024 US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter. Coach – SS24 – © Launchmetrics The Federal Trade Commission is expected to file a lawsuit as soon … Read more
By Reuters API Published Apr 15, 2024 Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday. The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and … Read more
Translated by Nicola Mira Published Apr 9, 2024 Casey Cadwallader had been dreaming about it for six years, and the dream has now become reality. The first footwear collection designed for Mugler by its creative director is available in-store. Of course, Cadwallader had previously designed shoes for the runway shows staged by the luxury Parisian … Read more
Translated by Roberta HERRERA Published Apr 3, 2024 And then there were 12! With the addition of the strategic consultancy and creative agency Sunshine, falling into its fold, The Independents further expands its scope and secures its second operation in less than two months. Following the acquisition of the English agency Kennedy in March, the … Read more
Allbirds Inc. announced it has signed definitive agreements with distributors in the Gulf Countries and Southeast Asia, as the U.S. footwear firm shifts from direct go-to-market to third-party distribution in the region. Allbirds Alyasra Fashion, a leading fashion and footwear retailer boasting more than 25 years of experience in the Gulf region, with brands including Jimmy Choo, … Read more
Translated by Roberta HERRERA Published Mar 23, 2024 Capri Holdings has announced the signing of an agreement to acquire the Italian shoemaker Sicla. Following in the footsteps of French luxury titans, the American fashion conglomerate, home to esteemed brands like Michael Kors and Versace, is strengthening its production capabilities through the acquisition of one of … Read more
Translated by Roberta HERRERA Published Feb 29, 2024 On Wednesday, February 28, the French specialist in licensed perfumes, Interparfums (known for its licenses with Montblanc, Lacoste, among other brands), presented its annual results at the Pavillon Gabriel in Paris. On this occasion, Renaud Boisson, CEO of Interparfums for the Asia-Pacific region, outlined the group’s strategic … Read more
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