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Over 300 articles

United States
Capri Holdings figures saved by Middle East

With global demand for luxury goods slowing, Gulf customers are helping to keep the Jimmy Choo, Versace and Michael Kors parent afloat. [...]

Published on 29/08/2024 at 06:00 GMT Reading time 2 minutes

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Entourage

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Al Tayer Group
Capri Holdings
Dima Al Sheikhly
Jimmy Choo
Michael Kors
Namshi
Ounass
Versace

United States
Tapestry defends its merger with Capri using the LVMH-Tiffany example

US luxury group Tapestry's merger with Capri Holdings has been blocked by a complaint from the Federal Trade Commission, concerned about the risk of a handbag monopoly. Tapestry has hit back and accused the regulator of inconsistency, given it authorised a similar merger in the jewellery sector when LVMH bought out Tiffany's.

Free access Entourage 09.05.2024

United States
Capri executives land golden parachutes

Jenna Hendricks, senior vice president of Capri Holdings, which owns Versace, Jimmy Choo and other luxury brands, has received a generous bonus for remaining with the company after its merger with Tapestry.

Subscribers only Houses 25.01.2024

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Alongside China and South Korea, Saudi Arabia is one of the most dynamic luxury markets. It now hopes to convert rampant consumerism into buoyant business and make a name for itself in the sector. To that end, it is trying to build bridges with European countries, as well as major luxury groups, but with mixed results so far.

Subscribers only Entourage 02.11.2023

Saudi Arabia is trying to establish itself as a fully-fledged player in the luxury sector.

Spotlight | France, Italy, United States
Agnelli family, Kering both coveted Versace and Jimmy Choo before Tapestry takeover

Tapestry's summer acquisition of Capri, the Versace and Jimmy Choo parent, followed talks with Exor, the Agnelli family's fund, and luxury giant Kering. Glitz.paris has pieced together the episodes, which had remained undisclosed, until now.

Free access Houses 14.09.2023

François-Henri Pinault (Kering) and John Elkann (Agnelli family) were in talks with John Idol (Capri Holdings) to acquire Versace and Jimmy Choo.

United States
Tapestry takeover: Capri Holdings seeks to reassure staff at Versace, Jimmy Choo and Michael Kors

A few weeks after the announcement of the merger with Tapestry, employees of the fashion brands involved are concerned about their future. Capri, the holding company that made the sale, has been trying to put their minds at ease.

Subscribers only Houses 31.08.2023

France, Italy
Luxury barons remain loyal to the isle of Capri

Several of the yachts that dropped anchor off the Italian island of Capri this summer belong to luxury world heavyweights.

Subscribers only Entourage 31.08.2023

France, United States
Michael Kors sounds out the French market

To offset the slowdown in sales in the United States, Michael Kors is looking to attract French customers.

Subscribers only Houses 29.06.2023

Middle East
Luxury giants go head-to-head with Gulf brands in bid to conquer 'modest fashion' market

To attract clients from the Gulf states, Western luxury brands are calling on headscarf-wearing influencers and launching tailored clothing collections for Ramadan. Meanwhile, local brands, backed by Middle Eastern governments, are trying to fend off that competition in the highly lucrative market.

Free access Entourage 22.06.2023

Italy
Donatella Versace negotiating with employer Capri Holdings

The creative director of Versace has opened talks with Capri Holdings, which also controls the Michael Kors and Jimmy Choo brands. The topic on the table? Her contract with the group, which is more than four years old.

Subscribers only Houses 05.01.2023

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Al Tayer Group
Capri Holdings
Dima Al Sheikhly
Jimmy Choo
Michael Kors
Namshi
Ounass
Versace

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United States
Capri Holdings figures saved by Middle East

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Set up email notifications for these topics

United States
Tapestry defends its merger with Capri using the LVMH-Tiffany example

United States
Capri executives land golden parachutes

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Spotlight | France, Italy, United States
Agnelli family, Kering both coveted Versace and Jimmy Choo before Tapestry takeover

United States
Tapestry takeover: Capri Holdings seeks to reassure staff at Versace, Jimmy Choo and Michael Kors

France, Italy
Luxury barons remain loyal to the isle of Capri

France, United States
Michael Kors sounds out the French market

Middle East
Luxury giants go head-to-head with Gulf brands in bid to conquer 'modest fashion' market

Italy
Donatella Versace negotiating with employer Capri Holdings

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About Glitz.paris

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Glitz.paris on social media

Indigo Publications' websites

About Glitz.paris

Subscription

Indigo Publications' websites

Hermès heirs at odds

The geopolitics of fake goods

Jacquemus, season 2

United States Capri Holdings figures saved by Middle East

This article may be accessed by subscribers

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Create your free account

create a free account

Set up email notifications for these topics

United States Tapestry defends its merger with Capri using the LVMH-Tiffany example

United States Capri executives land golden parachutes

Spotlight | Saudi Arabia Riyadh ramps up efforts to conquer luxury sector

Spotlight | France, Italy, United States Agnelli family, Kering both coveted Versace and Jimmy Choo before Tapestry takeover

United States Tapestry takeover: Capri Holdings seeks to reassure staff at Versace, Jimmy Choo and Michael Kors

France, Italy Luxury barons remain loyal to the isle of Capri

France, United States Michael Kors sounds out the French market

Middle East Luxury giants go head-to-head with Gulf brands in bid to conquer 'modest fashion' market

Italy Donatella Versace negotiating with employer Capri Holdings

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

United States
Capri Holdings figures saved by Middle East

United States
Tapestry defends its merger with Capri using the LVMH-Tiffany example

United States
Capri executives land golden parachutes

Spotlight | Saudi Arabia
Riyadh ramps up efforts to conquer luxury sector

Spotlight | France, Italy, United States
Agnelli family, Kering both coveted Versace and Jimmy Choo before Tapestry takeover

United States
Tapestry takeover: Capri Holdings seeks to reassure staff at Versace, Jimmy Choo and Michael Kors

France, Italy
Luxury barons remain loyal to the isle of Capri

France, United States
Michael Kors sounds out the French market

Middle East
Luxury giants go head-to-head with Gulf brands in bid to conquer 'modest fashion' market

Italy
Donatella Versace negotiating with employer Capri Holdings