The combined entity will be based in Italy and quoted on the bourse, with Richemont holding 50 percent.
— March 31, 2015
The biggest advancer of the tracker was Yoox.com, which rose 10.4 percent to $25.14.
— March 30, 2015
Confirmation follows speculation that group is for sale.
Markets get boost from China finance plans.
Prada SpA is adopting a Darwinian strategy, which includes a continuing cutback in the number of wholesale accounts and a sharp slowdown in store openings over the next three years.
From a profitability perspective, specialty apparel retailers had a challenging fourth quarter, and it looks like things might not improve anytime soon.
Stocks regained ground today amid remarks from the Federal Reserve that interest rates would increase in a more “gradual” way.
— March 27, 2015
Fashion and luxury stocks followed the downward trend.
American Apparel Inc. is teetering on the edge of chaos. And if that in itself is nothing new, this time around the retailer’s facing an unusually thorny set of challenges on multiple fronts.