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Tapestry and Capri Holdings defend merger plans after FTC bombshell

Tapestry and Capri Holdings defend merger plans after FTC bombshell

​After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, both companies have issued statements defending their plans.
Luxury
Business
Bucherer fetes latest collection inspired by Manhattan

Bucherer fetes latest collection inspired by Manhattan

The jewelry brand adjacent to watch parent company Tourneau leaned into its experiential side to celebrate the collection, which took cues from the Big Apple skyline.
Luxury
Business

US FTC sues to block $8.5 billion takeover of Capri by Tapestry

The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Luxury
Business

Billionaire Pinaults fight to pull Gucci off the discount rack

On a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry slippers, flamboyant jackets and bright green clutches. 
Luxury
Business

Trade shows

Furniture Fair: The Karl Lagerfeld label joins forces with Toan Nguyen, Thom Browne with Frette

Furniture Fair: The Karl Lagerfeld label joins forces with Toan Nguyen, Thom Browne with Frette

In Milan, Karl Lagerfeld unveiled his second home collection, Thom Browne launched a textile line with Italian manufacturer Frette and luxury outlet Fidenza Village teamed up with artist Cyril Lancelin.
Lifestyle
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton

Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton

The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
Trade shows

Paul Smith will open next Pitti Uomo with latest collection

​Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows

Shanghai’s big textile trade shows open on cautiously optimistic note

The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows