A deal to sell the Dallas-based luxury chain would be difficult to execute.
Dubbing his collection ‘Charmani,’ Giorgio Armani’s spring line radiated a chic charm that felt fresh and alluring.
The completely updated line by founders Rea Laccone and Christopher LaPolice will be seen in Q4.
Michael Kors will test same-day delivery over holiday, and exit from friends and family events Feb. 1.
The company expects up to $400 million in charges for fiscal 2017 for its restructuring, with annualized savings of up to $220 million.
The firm is looking to expand its fast-fashion platform to other retailers.
Investor Day will provide details about its growth strategy.
Chairman and ceo Richard A. Noll speaks at Wall Street conference call for the last time.
Kering said strategic initiatives at Gucci are delivering results.