Global retail staff and salary reductions amid Covid-19 – Update
As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from…
Gianni Versace SpA
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Global retail closures as coronavirus spreads – Update
A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending…
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Michael Kors eyes US$8bn group sales with Versace buy
Michael Kors has confirmed it is to acquire Italian luxury fashion house Versace for US$2.12bn in a move that is expected…
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ITALY: Textile firms reaffirm chemical removal commitments
Six of Italy's largest textile suppliers have reaffirmed their commitment to eliminating hazardous chemicals from their supply chains, highlighting the…
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just-style research roundup
The latest reports from just-style's research store include an in-depth look at specialist apparel and footwear retailers in Mexico, hosiery in France, and…
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ITALY: Blackstone takes 20% stake in Versace
Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the…
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ITALY: Hazardous chemicals found in luxury goods
Hazardous chemicals have been found in children's clothing and footwear produced by luxury fashion brands including Versace, Louis Vuitton and…
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ITALY: Private equity firms “eye minority stake in Versace”
Three private equity firms are understood to be vying for a minority stake in Italian fashion house Versace. Blackstone, CCMP…
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The Flanarant: Social media misses the mark when it matters
Faced with an opportunity to change the course of events by getting Gap to sign up to the Accord on Fire…
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UK: PPR acquires majority stake in Christopher Kane
French apparel and luxury group PPR has acquired a 51% stake in designer brand Christopher Kane in order to help…