
The owner of DKNY, Donna Karan and Vilebrequin, among other brands, announced on Thursday that it achieved net income of $25.3 million, or $0.52 per diluted share, in Q4 2020, beating Wall Street’s expectations.
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The owner of DKNY, Donna Karan and Vilebrequin, among other brands, announced on Thursday that it achieved net income of $25.3 million, or $0.52 per diluted share, in Q4 2020, beating Wall Street’s expectations.
The French cosmetics group has appointed Cheryl Vitali, former head of the Kiehl’s brand, to the new position of global president of luxe American brands. She will be succeeded in her previous role by Leonardo Chavez.
Another big name has just announced that its banning the use of fur in its products with the Karl Lagerfeld brand singing up to be fur-free. AM Retail Group, which operate’s Lagerfeld’s stores, will also stop using fur.
The owner of Donna Karan and DKNY announced a 5.2% increase in sales for the third quarter on Wednesday, a lower than expected increase, which combined with the company’s lowered full-year guidance, sent shares tumbling.
In the midst of restructuring, Calvin Klein has called in a bevy of influencers, including the Biebers, Kendall Jenner and rapper A$AP Rocky for the launch of CK50, a capsule celebrating the brand's 50th anniversary.
After two months of work, Karl Lagerfeld’s flagship store in Saint-Germain, Paris, has unveiled its new look, inspired by the apartment of its late head designer.
The owner of brands including DKNY and Andrew Marc, announced moderate increases in sales and income for the second quarter on Thursday, but revised down its full-year earnings guidance in the face of mounting tariffs.
G-III has named former Guess CEO, Victor Herrero, as the newest member of its board of directors.
The French beachwear label is dropping a new collaboration with Virgil Abloh’s Off-White, consisting of five beach shorts models available from June 13 at the two brands’ stores and e-shops.
The New York-based fashion group announced improvements in sales and earnings for the first quarter of 2020 on Wednesday, but disappointed with total revenues that came in under analysts’ predictions.