Luxury Goods

Search documents
Bottega Veneta 以「匠艺吾言」致敬Intrecciato工艺50周年
Jing Ji Guan Cha Wang· 2025-06-03 04:41
为纪念标志性 Intrecciato 皮革编织工艺诞生 50 周年,Bottega Veneta 正式发布全球 Campaign「匠艺吾 言」(Craft is our Language)。该项目由摄影师 Jack Davison 与编舞家 Lenio Kaklea 共同操刀,以「双 手」为核心意象,将工艺升华为跨文化、跨世代的通用语言,强化品牌「无 Logo 美学」的差异化定 位。 此次Campaign不仅是一次庆典,更是品牌资产系统化工程:今年 9 月将推出纪念书籍,收录 50 个象征 工艺价值的手势动作,构建品牌专属「工艺词典」。此举延续了创意总监 Matthieu Blazy 任内对工艺遗 产的深度挖掘——从删除社交媒体账号回归产品本质,到联名艺术刊物《Magma》与 Richard Scarry 胶 囊系列,持续以文化资本巩固高端定位。 Intrecciato 工艺诞生于 1966 年意大利威尼托工坊,因缝纫机无法处理厚皮革,工匠创新采用手工编织 技法,意外成就品牌最具辨识度的视觉与触觉符号。其斜纹结构与黄金比例,完美诠释品牌箴言"When your own initials are enough" ...
Capri Holdings Q4 Earnings Fall Short of Estimates, Revenues Dip Y/Y
ZACKS· 2025-05-28 17:26
Core Insights - Capri Holdings Limited (CPRI) reported disappointing fourth-quarter fiscal 2025 results, with both revenue and earnings declining year over year, although total revenues exceeded the Zacks Consensus Estimate while earnings fell short [1][2] Financial Performance - The company posted an adjusted quarterly loss of $4.90 per share, significantly wider than the Zacks Consensus Estimate of a loss of 16 cents, and down from adjusted earnings of 42 cents in the prior year [4] - Total revenues were $1,035 million, a decrease of 15.4% year over year on a reported basis and 14.1% on a constant-currency basis, surpassing the Zacks Consensus Estimate of $983 million [5] - Gross profit fell 17.7% year over year to $631 million, with gross margin contracting 170 basis points to 61% [5] Segment Performance - Versace revenues decreased 21.2% year over year to $208 million, with gross profit dropping to $136 million and gross margin contracting 60 basis points to 65.4% [6] - Jimmy Choo's revenues were $133 million, down 2.9% on a reported basis, with gross profit decreasing to $88 million and gross margin contracting 390 basis points to 66.2% [7] - Michael Kors revenues were $694 million, a decrease of 15.6% on a reported basis, with gross profit falling to $407 million and gross margin contracting 220 basis points to 58.6% [8] Strategic Developments - Capri Holdings is in the early stages of a strategic turnaround, with positive indicators emerging from new initiatives despite ongoing macroeconomic challenges [2] - The announced sale of the Versace brand to Prada Group for $1.375 billion aims to sharpen focus, strengthen the balance sheet, reduce debt, and potentially reinstate share repurchases [3][11] Financial Health - As of the end of the quarter, Capri Holdings had cash and cash equivalents of $166 million, long-term debt of $1.48 billion, and total shareholders' equity of $372 million [9] - Operating cash flow for fiscal 2025 was $281 million, while free cash flow totaled $153 million [9] Future Outlook - For the first quarter of fiscal 2026, total revenues are expected to be in the range of $765 to $780 million, indicating a decline from $1,067 million in the year-ago quarter [13] - For fiscal 2026, total revenues are projected to be between $3.3 billion and $3.4 billion, down from $4.4 billion in 2025, with an anticipated operating income of around $100 million [15] - Diluted earnings per share for fiscal 2026 are forecasted to be between $1.20 and $1.40, compared to a loss of $10 per share in 2024 [16]
Vera Bradley, Inc. Announces Reporting Date for First Quarter Fiscal Year 2026 Results
Globenewswire· 2025-05-28 12:00
FORT WAYNE, Ind., May 28, 2025 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the "Company") today announced that it plans to report results for the first quarter ending May 3, 2025 of fiscal year 2026 (fiscal year ending January 31, 2026) at 8:00 a.m. Eastern Time on Wednesday, June 11, 2025. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the ...
Park Your Cash In Paris: Why Hermes Shines In Volatile Markets
Seeking Alpha· 2025-05-27 16:32
Group 1 - The article suggests diversifying investment portfolios away from US-heavy allocations due to potential tariff threats that could reshape global trade, with a focus on high-quality European stocks that have geographically diversified revenue streams [1] - The emphasis is on investing in high-quality businesses with strong growth potential, solid fundamentals, industry-leading profitability, low leverage, and room for growth, particularly in the US and Europe [1] - The investment strategy discussed is centered around capital allocation and identifying businesses that are worth holding for the long term, highlighting the importance of thoughtful portfolio building [1]
Curious about Capri Holdings (CPRI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-05-26 14:15
Wall Street analysts forecast that Capri Holdings (CPRI) will report quarterly loss of $0.16 per share in its upcoming release, pointing to a year-over-year decline of 138.1%. It is anticipated that revenues will amount to $982.81 million, exhibiting a decline of 19.6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...
Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
PYMNTS.com· 2025-05-22 20:24
Core Viewpoint - Ralph Lauren plans to raise prices to offset tariff costs, supported by strong demand from high-end customers [1] Pricing Strategy - The company is assessing additional pricing actions for fall 2025 and spring 2026 to mitigate tariff impacts, building on proactive pricing already planned for 2025 in North America and Asia [2] - Ralph Lauren has increased its average unit retail (AUR) every quarter for the past eight years, with a high single-digit increase in AUR expected for the current quarter compared to the previous year [2] Brand and Quality Enhancement - The company has elevated its AUR by enhancing brand quality, adjusting geographic and channel mixes, reducing discounts, and selectively raising prices [3] - These strategies provide confidence in managing cost headwinds while maintaining strong pricing power [3] Consumer Resilience - Despite weakening consumer confidence in the U.S. and potential broader consumer pullback, Ralph Lauren's core consumers remain resilient [4] - The company has not observed changes in sales trajectories across its regions (APAC, EMEA, North America), with full-price sales continuing to grow [5] Market Context - The remarks from Ralph Lauren follow reports of soft demand from luxury conglomerate LVMH due to weaker consumer confidence in China and other markets [5] - In contrast, luxury group Richemont plans to limit price increases to avoid customer backlash seen by some competitors [6]
Ralph Lauren(RL) - 2025 Q4 - Earnings Call Transcript
2025-05-22 14:02
Ralph Lauren (RL) Q4 2025 Earnings Call May 22, 2025 09:00 AM ET Company Participants Corinna Van der Ghinst - SVP, Head of Investor RelationsPatrice Louvet - President & Chief Executive OfficerJustin Picicci - Chief Financial OfficerJay Sole - Managing DirectorMichael Binetti - Senior Managing DirectorDana Telsey - CEO and Chief Research OfficerJohn Kernan - Managing DirectorChris Nardone - Director, Equity ResearchTom Nikic - Managing Director, Equity Research Conference Call Participants Matt Boss - Equi ...
Scott+Scott Attorneys at Law LLP Continues to Remind Investors of Its Ongoing Investigation Into Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-05-21 15:55
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Compass owns ...
Kering: Bond issue for a total amount of EUR 750 million
Globenewswire· 2025-05-20 16:01
Group 1 - Kering has issued a single-tranche bond amounting to EUR 750 million with a maturity of 4.5 years and a coupon rate of 3.125% [1] - The bond issue is part of Kering's active liquidity management strategy, aimed at enhancing financial flexibility [1] - The successful bond issue reflects strong market confidence in Kering's credit quality, supported by a long-term rating of 'BBB+' from Standard & Poor's [1] Group 2 - Kering is a global luxury group that includes renowned brands such as Gucci, Saint Laurent, and Bottega Veneta, focusing on ready-to-wear, leather goods, jewelry, and beauty products [2] - In 2024, Kering employed 47,000 people and generated revenue of EUR 17.2 billion, highlighting its significant market presence [2]
Home Depot Won't Raise Prices Amid Tariffs—As These Companies Warn Of Tariff Impacts
Forbes· 2025-05-20 13:25
Home Depot on Tuesday held its forecast for sales in 2025, while one executive reportedly said the retailer won't raise prices because of tariffs, as other companies flag concerns and cut projections, citing uncertainty over U.S. tariffs. Rivian lowered its targets for vehicle deliveries and capital spending for 2025, noting the "current global economic landscape presents significant uncertainty," including "evolving trade regulation, policies" and tariffs. AMD said the company expects to lose $1.5 billion ...