Business
Salvatore Ferragamo recently announced a striking downturn in its financial performance, revealing that its adjusted operating profit was halved last year. This troubling update...
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All posts tagged "luxury"
Business
Luxury powerhouse the Lanvin Group found itself navigating a turbulent sea in 2024, as it announced a preliminary revenue decline of 23%, amounting to...
Business
Prada SpA is making strides toward acquiring Versace from Capri Holdings Ltd., with an agreement on an enticing price tag of nearly €1.5 billion...
Business
Saks Global is making the difficult decision to lay off approximately 5% of its U.S. corporate workforce. This news comes from a reliable source...
Business
Nike Inc. is embarking on an exciting new collaboration with Kim Kardashian’s innovative underwear brand, Skims, to launch a fitness label specifically designed for...
Business
Wolverine World Wide has been making strides to recover from a challenging couple of years, and the latest financial report underscores that journey. On...
Business
On Friday, the global online fashion giant Shein made headlines with the announcement of the Shein Foundation, a new philanthropic initiative aimed at nurturing...
Business
Safilo, a well-known name in the eyewear industry, has recently shared its preliminary revenue figures for 2024, showing a tally of €993.2 million. While...
Business
In recent years, Castore has quickly established itself as a force to be reckoned with in the sports and athleisure apparel space. Following a...
Business
In December, retail sales in the U.S. saw a robust increase, offering a glimpse into the underlying vigor of the economy and signaling a...
