As Capri Holdings Ltd. nears the sale of its Italian luxury brand, Versace, to Prada SpA, its shares have surged. The deal, valued at up to €1.5 billion (US$1.6 billion), marks a significant shift in the luxury landscape. Before Monday’s trading session in New York, Capri’s stock rose by as much as 9.6%, while Prada’s […]
The French luxury brand Dior wants to control a bigger portion of its own supply chain following an Italian supplier incident. The company has announced the establishment of a new industrial department, which will work to maintain artisanal know-how and enhance production capacities over the long run. “It is more important than ever to sustainably support our […]
