The Future of Fendi: New Contract for Karl, Brand Eyes $1B in Sales
Karl Lagerfeld has signed another long-term contract with Fendi, continuing an association that has endured for half of the house’s 80-year history.
From This Issue
POOR SPORT: Costs related to the purchase of Galyan’s Trading Co. last July led to a $7.3 million first-quarter loss at Dick’s Sporting Goods. Excluding costs, earnings were $12.2 million. The chain earned $10.6 million in the same…
Lauder, Missoni in Fragrance Venture
MILAN — After a year of speculation that a licensing deal was in the works, Estee Lauder and Missoni unveiled a new fragrance partnership in Milan last week.
Calling the pact the…