Capri Holdings sees the accessories businesses at both Jimmy Choo and Versace as underdeveloped and has high hopes for their future, it said, as it also hailed Michael Kors' potential, despite weakness in watches.
Fur, so long associated with glamour and luxury, has lost its lustre. Over the course of the past year, many of the world's most prestigious fashion houses have announced plans to stop using the controversial material.
Donatella Versace has created the tiaras for the debutantes at next year’s Vienna Opera Ball, using Swarovski crystals to dramatic effect. All debutantes will wear the tiaras when making their debut on February 28, 2019.
August Getty, one of the few couturiers who hails from Los Angeles, is on a mission: to bring glamour back to Paris. His house, August Getty Atelier, stages its French couture debut in January at the Ritz Hotel.
Michael Kors may have seen its shares falling sharply after sales missed analysts’ forecasts, but the message from the company’s top team was (almost) all positive as it looked to a time when it will be an $8bn group.
Chanel has launched the images of its latest ambassador, Penelope Cruz, shot by Karl Lagerfeld in the house’s cruise collection. Cruz joins Chanel plenipotentiaries Margot Robbie, Lily Rose Depp and Kristen Stewart.
Fashion house Versace did not receive any offers from Italian investors before selling to Michael Kors but the deal with the U.S. fashion group will create jobs in Italy, said creative director Donatella Versace.