Dec 2, 2025 5:00 AM Eastern Standard Time Capri Holdings Completes Sale of Versace Share LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that it has completed the previously announced sale of Versace to Prada S.p.A. (HKSE:1913) for $1.375 billion in cash subject to certain adjustments. Mr. Idol concluded, "I would like to express my gratitude to the entire Versace team for their dedication and contributions. In particular I would like to recognize ...

Company Overview - Guess (NYSE:GES) is a prominent brand in the fashion industry, focusing on clothing and accessories within the Consumer Discretionary sector, currently ranked 12 in the Zacks Sector Rank based on earnings estimates and revisions [1] Stock Performance - The current stock price of Guess is $17.07, reflecting a slight increase of $0.01 or about 0.06%. The stock has experienced a low of $17.03 and a high of $17.08 today, with a yearly high of $17.43 and a low of $8.48, indicating volatility [3][5] - Guess has a market capitalization of approximately $890.2 million, calculated by multiplying the current stock price by the total number of outstanding shares. Today's trading volume is 163,250 shares, showing investor interest and activity [4][5] Analyst Ratings - UBS has updated its rating for Guess to Neutral, advising investors to hold the stock, while the Zacks Rank system assigns Guess a rank of 2 (Buy), suggesting an expectation for the company to outperform the market in the short term, over the next one to three months [2][5]

Corporate bankruptcies are rising in 2025, nearing a 15-year high, S&P reports. This year, we've seen numerous notable bankruptcies, including Spirit Airlines and Claire's. How bad is it? We break down the trends in 3 charts. If you watch the news, you have undoubtedly seen the stories of well-known companies closing stores or raising doubts about their ability to continue operating. Earlier this month, S&P's data tracking company seemed to confirm our worst fears, reporting that 2025 bankruptcies ...

Core Insights - Kandal M Venture Limited has received new orders totaling approximately US$4.0 million for the Trans 2026 season, bringing total orders for Fiscal Year 2026 to approximately US$17.2 million, meeting expectations despite tariff challenges in 2025 [2][3] Company Overview - Kandal M Venture Limited is a contract manufacturer specializing in affordable luxury leather goods, with manufacturing operations based in Cambodia. The company primarily produces various types of handbags and smaller leather goods [4] Customer Confidence - The orders received reflect the confidence customers have in Kandal's manufacturing capabilities and commitment to quality, with a clientele that includes several globally recognized fashion brands based in the United States [3]

Giorgio Armani names former Gucci CEO Marco Bizzarri and other industry veterans to its board https://t.co/jmT5CCfglh ...

MILAN – Giorgio Armani Spa has a new board of directors, established in accordance with the late designer’s wishes, the group said on Friday. The new board comprises eight members, selected by the Armani Foundation and the designer’s heirs, and some includes some familiar faces in the industry. They are chairman Pantaleo, known as Leo Dell’Orco; Armani’s niece Silvana and his nephew Andrea Camerana; CEO and managing director Giuseppe Marsocci; Marco Bizzarri; former Armani top executive John Hooks; Federic ...

Giorgio Armani is preparing to name a new board as the Italian fashion group rebuilds its leadership team following the death of its founder https://t.co/EPiwkmHxZo ...

Zara is striving to shed its "fast fashion" label as rivals like Shein and Temu reshape the industry. https://t.co/Gl5bE9PBlY ...

Fast fashion is a major environmental offender, at least until now, because fully recycling old clothes to make new threads has been more of a challenge, except with this new company entering the game. Diana Ol has more in her continuing series on climate related startups. Diana.Well, Brian, the fashion industry accounts for anywhere from 4 to 10% of global greenhouse gas emissions. Yet, less than 1% of clothing is recycled into new garments. And that's because most fabrics today are blends and need to be b ...

Anna Wintor defending the controversial sponsor behind next year's Met Gala, Amazon CEO Jeff Bezos and his wife Lauren Sanchez. That's after some criticism from fans who say the capitalist couple doesn't belong in fashion. If anybody is surprised by Jeff Bezos and Lauren Sanchez having such a major role in the Met Gala this year, just look at their wedding over the summer and the who's who and the opulence of what they did.I mean, remember they were on the cover of Vogue in 2024, and they have been hanging ...