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Versace

Versace
News & Analysis

Versace Plans to Open Dozens of Stores a Year to Meet $2 Billion Goal

The fashion holding company plans to double Versace's annual sales by reshuffling its product strategy.


News & Analysis

Higher Spending Dampens Forecast for Michael Kors Owner Capri

The company, which is banking on the popularity of Jimmy Choo and Versace to offset weakness at Michael Kors, has been investing in new stores, event sponsorships and promotional contracts with movie stars.


Luxury

The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now

This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.


News & Analysis

Power Moves | Selfridges' New Group Chair, Carolina Herrera Hires Global Marketing VP

This week, Alannah Weston succeeds her father as chairman of the Selfridges Group, while Jodie Chan joins Carolina Herrera as vice president of global marketing and communications.


News & Analysis

The Pros and Cons of Private Equity

Private equity firms typically seek scalable fashion brands that promise a speedy return on investment. The results can be disastrous or magnificent, depending on the case.


News & Analysis

Fashion With a Dash of Politics at the Oscars

Last year, #MeToo was on everyone’s lips, this year, demands for gender equity and nominee diversity were prominent, but the red carpet remained quite neutral.


Fashion Week

Versace Goes Big

The strength of Donatella’s new work is the way she embraces it, with love and fearlessness and the same dry wit with which she deals with all the tricky propositions in her life.


Sustainability

UK Takes Aim at Fashion’s Sustainability Problem

A new report from lawmakers proposes taxes on clothes and tougher regulation to force the industry to act more sustainably. Amazon and Boohoo, as well as luxury labels like Versace, are in Parliament’s sights.


Luxury

Capri Holdings Climbs After Raising Revenue Forecast

Revenue will be about $5.22 billion, up from a previous outlook for $5.13 billion, for the owner of Jimmy Choo, Michael Kors and Versace.


Luxury

Versace’s New Owner Plans to Build America’s Answer to LVMH. It Has a Long Way to Go.

Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo.