Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit Amidst the ever-changing landscape of retail, Target has recently adjusted its sales forecast for the year. The popular retailer now anticipates a decline in net sales by a low single digit. This revision comes as a surprise, especially considering the previous guidance, which hinted at an […]
Prada Nears Approval of Versace Deal Despite Tariffs
Prada Nears Approval of Versace Deal Despite Tariffs The luxury fashion industry is abuzz with anticipation as Prada SpA edges closer to securing the acquisition of Versace from Capri Holdings Ltd. in a deal worth €1.25 billion ($1.4 billion). Despite the looming threat of tariffs and economic uncertainties, Prada is forging ahead, showcasing resilience and […]