Coach-Owner Tapestry Falls Short of Earnings Expectations in Fiscal Q4
The company, which will soon acquire Capri Holdings, also forecasts less-than-expected results for fiscal 2024.
Coach Parent Company Tapestry Acquires Versace Owner in $8.5 Billion USD Deal
Bringing six major fashion labels under one house.
Adidas Signs 10-Year $1.2 Billion USD Shirt-Sponsorship Deal With Manchester United
An extension of the existing deal adidas AG has with the English football club.
Prada Group Fetches Revenues of €2.23 Billion EUR in First Half of 2023
The company’s net profit saw a 62% increase from the same period last year.
Hermès Sales Skyrocket to €6.7 Billion EUR in First Half of 2023
Up 25% compared to the same period in 2022.
Moncler Group Revenues Surpass €1 Billion EUR in First Half of 2023
For the first time in the company’s history.
Kim Kardashian’s SKIMS Earns $4 Billion USD Valuation
By raising $270 million USD in a Series C funding round.
Kim Kardashian’s SKIMS Set To Be Valued at $4 Billion USD Ahead of Pre-IPO Round
Currently in the midst of raising fresh funds to prelude a potential offering.
Kering Acquired French Fragrance Label Creed for $3.83 Billion USD
The longstanding label hit upwards of $273 million USD in revenue over the past year.
Prada’s Q1 Revenues Exceed €1 Billion EUR With 22% Growth
The flagship Prada brand reported a 21% increase in retail sales, while Miu Miu saw those figures fly up 42%.