Versace went to the stock market Friday night in Milan, for a runway show and not a flotation. Referencing all the house's codes and starring two generations of uber models, this was a great performance from Donatella.
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.
Capri Holdings Ltd, formerly Michael Kors, beat quarterly profit estimates on Wednesday and raised its full-year revenue forecast on expectations of strong sales at its recently acquired Versace brand.
Reliance Retail, owned by Mukesh Ambani-led Reliance Industries Limited, has reported a 177 percent jump in profit to Rs 1,680 crore ($236.2 million) for the third quarter ending December 31 for fiscal 2018-19.
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.
The CEO of the Asian luxury distributor shares his vision of the region with FashionNetwork.com in a two-part interview. In part one, he talks about the role of distributors and China's influence over the rest of Asia.