Report: LVMH in Talks to Offload Marc Jacobs In a recent development reported by the Wall Street Journal, luxury conglomerate LVMH is currently in discussions to offload the iconic fashion brand Marc Jacobs. The group has been engaged in talks with several potential buyers, with names such as Authentic Brands, Bluestar Alliance, and WHP Global […]
UK’s Mulberry Raises $27 million From Top Investors As Revenue Drops
UK’s Mulberry Secures $27 Million Funding From Leading Investors Amid Revenue Decline In a strategic move to navigate through challenging times, the renowned British luxury brand, Mulberry, has successfully raised $27 million from top investors. This infusion of funds comes at a crucial juncture for the company as it grapples with a noticeable decline in […]
Coach Owner Tapestry Lifts Forecasts on Pricier Handbags, Low Tariff Impact
Coach Owner Tapestry Lifts Forecasts on Pricier Handbags, Low Tariff Impact The luxury fashion industry is a realm where strategic decisions can make or break a brand. Tapestry, the renowned owner of fashion house Coach, has recently made headlines by defying expectations and showcasing resilience in the face of economic challenges. Tapestry’s shares soared by […]