Reliance Industries has started to remove its clothing, footwear, and lifestyle brands from e-commerce marketplaces such as Flipkart and Amazon as it gears up to launch its own business to customer e-commerce platform.
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.